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RANKIN v. FREBANK CO.

Docket No. 44093.

47 Cal.App.3d 75 (1975)

121 Cal. Rptr. 348

JAMES N. RANKIN et al., Plaintiffs and Appellants, v. FREBANK COMPANY et al., Defendants and Respondents; JOHN G. McCOY et al., Defendants and Appellants.

Court of Appeals of California, Second District, Division Five.

April 10, 1975.

Attorney(s) appearing for the Case

COUNSEL

Kenneth N. Dellamater, Toxey H. Smith and Robert C. Kent for Plaintiffs and Appellants.

Newell & Chester and D. Benjamin Mason for Defendants and Appellants and for Defendants and Respondents.

OPINION

STEPHENS, J.

On December 4, 1967 plaintiffs James N. Rankin and William D. Myers filed a complaint against John G. McCoy ("McCoy"), Fred Bankey, Joseph Tillery, Frebank Company, a corporation ("Frebank"), Frebank Company Profit Sharing Plan, a trust, and Marion W. McCoy. In essence, the complaint prayed for an involuntary dissolution of Frebank and the recovery of "secret profits...

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