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BAILEY v. FOSCA OIL CO.

Docket No. 6051.

180 Cal.App.2d 289 (1960)

4 Cal. Rptr. 474

JOHN B. BAILEY et al., Respondents, v. FOSCA OIL COMPANY, LTD. (a Corporation) et al., Appellants.

Court of Appeals of California, Fourth District.

April 25, 1960.

Attorney(s) appearing for the Case

Rowell, Lamberson & Thomas for Appellants.

Burke & La Rue, Annette La Rue, Stutsman & Nagel and Gerald W. Stutsman for Respondents.

GRIFFIN, P.J.

Plaintiffs and respondents, minority stockholders, acting for the claimed benefit of defendant corporation, allege three causes of action. The first charges issuance of a security by defendant corporation in violation of the Corporate Securities Law and seeks to enjoin the various defendants, including defendant corporation, V.I. Sandell, W.A. Crocket, C.W. Alsop, E.C. Flynn and E.R. Orchard, as directors...

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