Sisson
Sisson v. Guaranty Mtg. Co. of Cal.
Opinion
Lead Opinion
Houser, J.
The dependent facts appear to be that the respondent is the holder and owner of five hundred shares of stock in the defendant corporation; that some time prior to the filing of the petition herein respondent herein filed in the superior court in and for the county of Los Angeles an application for a writ of mandate for the purpose of compelling the defendants therein (appellants and petitioners herein), to permit him to examine the books and records of the defendant corporation; that on the hearing of said application, at which both oral and documentary evidence was introduced, a peremptory writ of mandate was ordered to issue out of the superior court, directed to defendants, commanding them to permit plaintiff to have access to and inspection of all the books and records of the defendant corporation as prayed; that within the time allowed by statute defendants filed their notice of appeal from said order, and that said appeal is now pending and undetermined. Thereafter petitioners presented to this court their application for a writ of supersedeas for the purpose of staying proceedings under the order for the issuance of said writ of mandate until the determination by this court…