Ferrell v. Cronrath

The original plaintiffs in this action, Frank C. Ferrell and wife, sold in April, 1960, on a conditional sales contract, a tavern located in Redmond, Washington, known as the "Red Derby Tavern," to the respondents Clarence E. Cronrath and wife. The price contracted to be paid was $25,000. The building in which the tavern is located is owned by one Grace Thomas, and, simultaneously with the purchase of the tavern, the respondents negotiated a 5-year lease on the premises.