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GAYNOR v. BUCKLEY

No. 18172.

318 F.2d 432 (1963)

Robert S. GAYNOR and Janet Stone, Appellants, v. James L. BUCKLEY, Julian N. Cheatham, Robert B. Pamplin, John S. Brandis and Georgia-Pacific Corporation, Appellees.

United States Court of Appeals Ninth Circuit.

May 29, 1963.

Attorney(s) appearing for the Case

Sidney L. Garwin, New York City, and Peterson, Lent & Paulson, Portland, Or., for appellants.

Koerner, Young, McColloch & Dezendorf and James C. Dezendorf, Portland, Or., and Shearman & Sterling, Robert Nias West and Thomas F. Fennell, II, New York City, for appellees James L. Buckley, Julian N. Cheatham, Robert B. Pamplin and John S. Brandis.

King, Miller, Anderson, Nash & Yerke, Robert S. Miller, Fredric A. Yerke, Jr., and Harvey C. Barragar, Portland, Or., for appellees Georgia-Pacific Corp.

Before BARNES, HAMLIN and DUNIWAY, Circuit Judges.

DUNIWAY, Circuit Judge.

Appellant Robert S. Gaynor, with appellant Janet Stone as plaintiff-intervenor, brought a stockholder's derivative action to cancel certain stock options issued by appellee Georgia-Pacific Corporation (G-P) to appellee John S. Brandis, one of its officers.1 The other named appellees are members of G-P's board of directors.

The facts are not in dispute, and are more...

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