TARSIA v. NICK'S LAUNDRY CO.


239 Or. 562 (1965)

399 P.2d 28

TARSIA v. NICK'S LAUNDRY & LINEN SUPPLY CO. ET AL

Supreme Court of Oregon.

Reversed February 10, 1965.


Attorney(s) appearing for the Case

James J. Damis, Portland, argued the cause for appellants. On the brief were Damis & Damis, Portland.

Leo S. Meysing, Portland, argued the cause for respondent. On the brief were Brune, Meysing & Meredith, Portland.

Before McALLISTER, Chief Justice, and PERRY, O'CONNELL and DENECKE, Justices.


REVERSED.

PERRY, J.

The plaintiff brought this action under the provisions of ORS 59.250 to recover from the defendants the sum of $700, paid by plaintiff to defendants for the purchase of shares of stock in the defendant corporation.

The plaintiff prevailed in the trial court and the defendants appeal.

There is very little dispute on the facts. All of the issued stock of the corporation at its inception was held by the defendant Nick Rossos...

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