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OLSON v. BASIN OIL CO.

Docket Nos. 20919, 20933.

136 Cal.App.2d 543 (1955)

288 P.2d 952

PATRICIA K. OLSON et al., Appellants, v. BASIN OIL COMPANY OF CALIFORNIA (a Corporation) et al., Respondents. (Two Cases).

Court of Appeals of California, Second District, Division Two.

October 26, 1955.

Attorney(s) appearing for the Case

Richard Richards; Richards, Watson, Smith & Van Petten, and Kenny & Morris for Appellants.

Thomas A. Wood, Larwill & Wolfe, Chandler, Wright, Tyler & Ward and Hartke & Brant for Respondents.

FOX, J.

This is a stockholders' derivative suit against Basin Oil Company of California, hereinafter referred to as Basin, and C.G. Willis, its president. Defendants filed separate motions to require plaintiffs to furnish security to cover reasonable expenses, including attorney's fees, that are likely to be incurred in connection with the action. These motions were pursuant to the provisions of the Corporations Code...

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