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TOVREA LAND AND CATTLE COMPANY v. LINSENMEYER

No. 7589.

100 Ariz. 107 (1966)

412 P.2d 47

TOVREA LAND AND CATTLE COMPANY, an Arizona corporation, et al., Appellants and Cross-Appellees, v. Otto H. LINSENMEYER et al., Appellees and Cross-Appellants.

Supreme Court of Arizona. In Banc.

Rehearing Denied May 17, 1966.

Attorney(s) appearing for the Case

Evans, Kitchel & Jenckes, Phoenix, and Norman S. Hull, Tucson, for appellants and cross-appellees.

Otto H. Linsenmeyer, and Lawrence H. Doyle, Jr., Phoenix, for appellees and cross-appellants.

BERNSTEIN, Vice Chief Justice.

The individual appellants-cross appellees, hereinafter called defendants, appeal from a judgment of the Superior Court of Maricopa County entered December 18, 1961 in favor of appellees-cross appellants hereinafter called plaintiffs.

Plaintiffs, minority stockholders of Tovrea Land and Cattle Company, an Arizona corporation, filed a complaint against the corporation and these defendants as the directors thereof, on March 24,...

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