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August 27, 2021

eBook details

Title: Smith v. Twohy
Author : Department Two Supreme Court of Washington
Release Date : January 16, 1967
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 53 KB

Description

On May 22, 1961, appellant, Margaret Smith, and her assignor, Joseph Feroe, executed a document denominated a lease by which they purported to rent a walk-in refrigeration unit to Seattle Flower Growers, Inc., a domestic corporation. The lease was to run for a period of 5 years at a monthly rental of $100, with the right extended to the corporate lessee to purchase the equipment at the end of the term for $100. Ralph K. Gustafson, a major stockholder and president of Seattle Flower Growers, Inc., signed the lease on behalf of the corporation. In addition, Mr. Gustafson and respondent, John Twohy, a director and stockholder of the corporation, each signed their names to the end of the document following the handwritten word "personal." Neither Mr. Gustafson nor Mr. Twohy were otherwise mentioned in the body of the document.

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