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COACHELLO VALLEY LBR. CO. v. HOLLENBECK

Docket No. 5218.

145 Cal.App.2d 722 (1956)

303 P.2d 98

COACHELLA VALLEY LUMBER AND SUPPLY COMPANY, INC. (a Corporation), Appellant, v. E. CLYDE HOLLENBECK et al., Respondents.

Court of Appeals of California, Fourth District.

November 9, 1956.

Attorney(s) appearing for the Case

Thompson & Colegate, Roy W. Colegate and H.M. Dougherty for Appellant.

Best, Best & Krieger, James H. Krieger and Arthur L. Littleworth for Respondents.

MUSSELL, J.

This is an action to set aside the sale and transfer of one share of stock in defendant corporation, made by Lorena J. Young as president of plaintiff corporation, to E. Clyde Hollenbeck, one of the defendants herein. It is alleged in the complaint that the sale was made without authority or action by plaintiff corporation and was therefore invalid; that the defendant E. Clyde Hollenbeck occupied a position...

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