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CREDITORS PROTECTIVE ASS'N v. BALCOM

248 Or. 38 (1967)

432 P.2d 319

CREDITORS PROTECTIVE ASSOCIATION, Respondent, v. BALCOM ET AL, Appellants.

Supreme Court of Oregon.

Affirmed as modified October 4, 1967.

Attorney(s) appearing for the Case

Robert J. Morgan, Milwaukie, argued the cause for appellants. With him on the brief were Erlandson, Morgan & McClain, Milwaukie.

Seymour L. Coblens, Portland, argued the cause for respondent. With him on the brief were Reinhardt, Coblens, Stoll & Winkel, Portland.

Before PERRY, Chief Justice, and SLOAN, GOODWIN, HOLMAN and WOODRICH, Justices.

AFFIRMED AS MODIFIED.

WOODRICH, J. (Pro Tempore).

This is a creditor's bill brought against judgment debtors, Balcom, their corporate employer, Silver Shed Logging Co., and their daughter, Shirley Roberts, who is the principal shareholder and an officer and director of the corporate employer. Defendants appeal from the decree granting equitable relief to the plaintiff.

Defendants' first assignment of error attacks the propriety of the trial court's...

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