Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Citation
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Parent Document
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Jurisdiction
- California (state)
- Effective Date
- 1952-02-08
Other Sections in This Document (69)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
- Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
Full Text
2,279 charsThe plaintiffs or the stockholders of Douglas or Douglas had no knowledge, and are not chargeable with knowledge, of said acts prior to plaintiff Findley’s discovery thereof in 1948 for the following reasons: (1) that from 1936 continuously to the date hereof all the directors of Douglas consented to, acquiesced in, and became active participants in all of said acts (alleged acts of conspiracy) of said defendants, and throughout said years to the date hereof said directors knowingly shielded and actively concealed said acts from the stockholders of Douglas by means of affirmative representations which purported to be full disclosures of material facts relating to the affairs of Douglas, but said representations were in fact fraudulent concealments of material facts accomplished by omissions and by statements of partial truths which indicated that the affairs of Douglas were being conducted with normal prudence and due regard to the obligations of the directors; (2) said directors also concealed from all the stockholders of Douglas (a) that in April, 1941, in connection with government contracts, the War Department admonished defendant Donald W. Douglas, the president of Douglas Aircraft, to fulfill his responsibilites regarding the ownership of Garrett stock by the defendant directors of Douglas Aircraft; and (b) that in March, 1941, the defendant directors of Douglas who organized Garrett were offered more than nine times the consideration they paid for their Garrett stock but they refused to dispose of said stock; (3) from 1936 to April, 1943, in annual proxy statements and in annual reports to the stockholders of Douglas, the directors of Douglas concealed that any of the directors or executives of Douglas had any financial interest in Garrett; (4) from April, 1943, to March, 1947, said directors, by statements of partial truths in proxy statements and annual reports to the stockholders of Douglas, represented that no director of Douglas had any financial interest in Garrett'prior to “fiscal year” 1942; (5) in April, 1941, defendant Donald W. Douglas, as president of Douglas Aircraft, by omissions and statements in a letter to the War Department, concealed the facts which were alleged in the amended complaint as acts of conspiracy; *171