District Court, D. Oregon January 11, 1967, Civ. No. 66-180 (Robinson v. Malheur Publishing Co.)

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United States · · · 11-01-1967

*58OPINION

KILKENNY, District Judge:

Plaintiffs, shareholders in Malheur Publishing Co. (Malheur), the publisher of a newspaper in Ontario, Oregon, here challenge, as minority stockholders, the issuance of 10,000 shares of the capital stock of the corporation, on the ground that the consideration was so grossly inadequate as to amount to a fraud.

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