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ADAMSON v. LANG

236 Or. 511 (1964)

389 P.2d 39

ADAMSON ET AL v. LANG, and HYDE

Supreme Court of Oregon.

Affirmed February 13, 1964.

Petition for rehearing denied March 10, 1964.

Attorney(s) appearing for the Case

Lamar Tooze, Portland, argued the cause for appellant. On the briefs were Tooze, Powers, Kerr, Tooze & Morrell, Portland.

Eric R. Haessler, Portland, and David W. Harper, Portland, argued the cause for respondents. With them on the brief were Robert Neil Gygi, and Keane, Haessler, Bauman & Harper, Portland.

Before McALLISTER, Chief Justice, and ROSSMAN, PERRY, SLOAN, O'CONNELL, GOODWIN and LUSK, Justices.

AFFIRMED.

O'CONNELL, J.

This action was brought by 87 persons as plaintiffs, to recover amounts paid by each of them for the purchase of shares of stock in Ore-Mont Oil Corporation. They also prayed for interest, attorney fees, and costs. Defendant Lang, who made no defense to this action, was the promoter, organizer, and executive officer of the corporation. It is alleged that Hyde, hereafter referred to as defendant, participated with Lang in the sale of...

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