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LARAMIE RIVERS CO. v. WATSON

Nos. 2474 and 2476

69 Wyo. 333 (1952)

241 P.2d 1080

LARAMIE RIVERS COMPANY, a Corporation, Plaintiff in Error, vs. ELBERT A. WATSON, AXEL GABRIELSON, et al., Defendants in Error. ELBERT A. WATSON, AXEL GABRIELSON, WILLIAM F. JENSEN, Plaintiffs and Appellants, vs. CITY OF LARAMIE, WYOMING, a Municipal Corporation, LARAMIE RIVERS COMPANY, a Corporation, PIONEER CANAL COMPANY, a Corporation, H.N. (NEIL) ROACH, MORRIS E. CORTHELL, LEWIS J. HOLLIDAY, ANDREW HURICH THEODORE L. JOHNSON, Defendants and Respondents.

Supreme Court of Wyoming

March 18, 1952

Attorney(s) appearing for the Case

For the plaintiffs and appellants, the cause was submitted upon the brief of Bard Ferrall, Ray E. Lee and J.A. Greenwood, all of Cheyenne, Wyoming, and oral argument by Mr. Ferrall.

For the defendants and respondents, the cause was submitted upon the brief of M.E. Corthell and Gordon W. Davis of Laramie, Wyoming, and oral argument by Mr. Corthell, Mr. Davis and Alfred M. Pence of Laramie, Wyoming.

Heard before BLUME, Chief Justice, and CHRISTMAS and HARKINS, District Judges.

OPINION

BLUME, Chief Justice.

This action was commenced on February 23, 1946, by the plaintiffs Elbert A. Watson and Axel Gabrielson on behalf of themselves and others similarly situated against the City of Laramie, the Laramie Rivers Company and its five directors. The Laramie Rivers Company owns a controlling number of shares of stock in the Pioneer Canal Company. It has a board of five directors who are also elected...

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