WOODMAN v. ACKERMAN

Docket No. 23703.

249 Cal.App.2d 644 (1967)

57 Cal. Rptr. 687

ROY H. WOODMAN et al., Plaintiffs and Appellants, v. FREDERICK W. ACKERMAN et al., Defendants and Respondents.

Court of Appeals of California, First District, Division One.

March 22, 1967.


Attorney(s) appearing for the Case

Philip A. Ray and Kelso, Cotton & Ernst for Plaintiffs and Appellants.

Marion B. Plant, Brobeck, Phleger & Harrison, Harold C. Faulkner, W. Burleigh Pattee, William L. Ferdon, Chickering & Gregory, Pillsbury, Madison & Sutro, Noble K. Gregory, William I. Edlund, Walter R. Allan and Parker A. Maddux for Defendants and Respondents.


ELKINGTON, J.

This is an appeal from orders of the superior court, in a corporate shareholders' derivative action, granting motions of defendants below and respondents here, that plaintiffs (appellants here) be required to furnish security in accordance with the provisions of Corporations Code section 834.

Section 834 provides a procedure in a shareholders' derivative suit for requiring a plaintiff therein to furnish security for the "probable reasonable expenses...

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