Browning v. C & C PLYWOOD CORP.

248 Or. 574 (1968)

434 P.2d 339

BROWNING ET AL, Appellants, v. C & C PLYWOOD CORP. ET AL, Respondents.

Supreme Court of Oregon.

Argued June 8, 1967.

Reversed November 29, 1967.

Petition for rehearing denied January 23, 1968.

Asa L. Lewelling, Salem, argued the cause and filed a brief for appellants.

Arthur C. Johnson, Eugene, argued the cause for respondents. With him on the brief were Johnson, Johnson & Harrang, Eugene.

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

REVERSED.

SLOAN, J.

In early 1963 defendants Campbell, Winn and Riddlesbarger, as the majority stockholders…