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WESTERN WOOD M. & M. PROD. v. ARGONAUT INS. CO.

572 P.2d 1004 (1977)

280 Or. 623

WESTERN WOOD MOULDING & MILLWORK PRODUCERS, Inc., an Arizona Corporation, Appellant, v. ARGONAUT INSURANCE COMPANY, a California Corporation, Respondent, Johnson & Higgins of Oregon, an Oregon Corporation, and Johnson & Higgins of California, a California Corporation, Defendants.

Supreme Court of Oregon.

Response October 31, 1977.

December 20, 1977.

Attorney(s) appearing for the Case

William R. Miller, Jr., William L. Hallmark, and Jones, Lang, Klein, Wolf & Smith, Portland, for the petition.

Thomas S. Moore, and Morrison, Dunn, Cohen, Miller & Carney, Portland, contra.

Before DENECKE, C.J., and HOLMAN, HOWELL, BRYSON, LENT and LINDE, JJ.

On Respondent's Petition for Rehearing October 3, 1977, and Appellant's Response October 31, 1977.

HOLMAN, Justice.

This was an action to recover dividends allegedly declared but not paid by defendant, a California insurer, on a group policy of workmen's compensation insurance. Defendant claimed the right to withhold from current dividends certain adjustments to dividends paid in all prior years. Our original opinion...

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