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BING CROSBY MINUTE MAID CORP. v. EATON

Docket No. L.A. 23978.

46 Cal.2d 484 (1956)

297 P.2d 5

BING CROSBY MINUTE MAID CORPORATION (a Corporation), Plaintiff and Appellant, v. WALLAZZ B. EATON, SR., Defendant and Appellant.

Supreme Court of California. In Bank.

May 15, 1956.

Attorney(s) appearing for the Case

Luce, Forward, Kunzel & Scripps and Edgar A. Luce, Jr., for Plaintiff and Appellant.

Edmund G. Brown, Attorney General, and Ralph W. Scott, Deputy Attorney General, as amici curiae on behalf of Plaintiff and Appellant.

Sloane & Fisher for Defendant and Appellant.

SHENK, J.

The plaintiff appeals from an order granting a new trial after judgment in its favor. The defendant appeals from the judgment.

As a judgment creditor of a corporation the plaintiff brought this action against a shareholder of the corporation to recover the difference between the par value of stock issued to him and the fair value of the consideration he paid for the stock. At the conclusion of the trial...

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