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DePINTO v. PROVIDENT SECURITY LIFE INSURANCE COMPANY

No. 18245.

323 F.2d 826 (1963)

Angus J. DePINTO, Hjalmar B. Landoe, Francis I. Sabo and Edwin B. Pegram, Elmer W. Duhame, Appellants, v. PROVIDENT SECURITY LIFE INSURANCE COMPANY and John S. Gorsuch and Albert J. Doig, Appellees.

United States Court of Appeals Ninth Circuit.

Rehearing Denied November 20, 1963.

Attorney(s) appearing for the Case

O'Connor, Anderson & Westover and John P. Otto, Phoenix, Ariz., for appellant Duhame.

George W. Botsford, T. W. Shumway, Guy C. Wilson and Donald Maxwell, Scottsdale, Ariz., for appellants Sabo and Pegram.

Joseph B. Gary, Bozeman, Mont., for appellant Landoe.

Evans, Kitchel & Jenckes, Herbert Mallamo and Joseph S. Jenckes, Jr., Phoenix, Ariz., for appellant DePinto.

W. Lee McLane, Jr., and Nola McLane, Phoenix, Ariz., for appellees.

Before BARNES, HAMLEY and JERTBERG, Circuit Judges.

HAMLEY, Circuit Judge.

This suit, in the nature of a stockholder's derivative action, was commenced by John S. Gorsuch, then a stockholder of United Security Life (United), an Arizona stock insurance corporation. Named as defendants in the amended complaint were United, American Security Investment Co. (American), United Finance Corporation, Angus J. DePinto, Hjalmar B. Landoe, Francis I. Sabo, Edwin B. Pegram, Elmer W. Duhame...

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