GOODMAN v. LADD ESTATE CO.


246 Or. 621 (1967)

427 P.2d 102

GOODMAN ET UX, Appellants, v. LADD ESTATE COMPANY, Respondent.

Supreme Court of Oregon.

Affirmed April 26, 1967.


Attorney(s) appearing for the Case

Denton G. Burdick, Jr., Portland, argued the cause for appellants. On the brief were Hutchinson, Schwab & Burdick.

James C. Maletis, Portland, argued the cause for respondent. On the brief were Cookingham and Maletis.

Before McALLISTER, Chief Justice, and SLOAN, GOODWIN, HOLMAN and LUSK, Justices.


AFFIRMED.

LUSK, J.

Plaintiffs brought this suit to enjoin the defendant Ladd Estate Company, a Washington corporation, from enforcing a guaranty agreement executed by Westover Tower, Inc., a corporation, in favor of Ladd Estate. From a decree dismissing the suit plaintiffs appeal.

In 1961 the defendant Walter T. Liles1 held all the common shares of Westover and he, Dr. Edmond F. Wheatley and Samuel H. Martin were its directors...

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