EQUITY SAV. & L. ASS'N v. GREAT WESTERN MTG., INC.

No. 71-270.

501 P.2d 483 (1972)

EQUITY SAVINGS AND LOAN ASSOCIATION, a corporation, et al., Plaintiffs in Error, v. GREAT WESTERN MORTGAGES, INC., and Jesse Johnson, Jr., Individually, in their capacities as stockholders, and for and on behalf of all other persons similarly situated, Defendants in Error.

Colorado Court of Appeals, Div. II.

Rehearing Denied August 22, 1972.


Attorney(s) appearing for the Case

Winner, Berge, Martin & Clark, Bruce D. Pringle, Denver, for plaintiffs in error.

Creamer & Creamer, Quiat & Quiat, Alan H. Bucholtz, Denver, for defendants in error.


Selected for Official Publication.

COYTE, Judge.

This case was transferred from the Supreme Court pursuant to statute.

In 1965, a group of minority stockholders, owning slightly in excess of one-third of the permanent stock of Equity Savings and Loan Association, filed a suit against Equity and the individual members of the board of directors of the association and obtained an order on April 26, 1966, restraining the association and its directors from...

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