Ray v. California Home Building Loan Co.
7 Cal. App. 2d 275 | Cal. Ct. App. | 1935
MARTIN E. RAY et al., Petitioners,
v.
CALIFORNIA HOME BUILDING LOAN COMPANY, etc., et al., Respondents.
California Court of Appeals. First Appellate District, Division One.
Ellis, Lyman & Steindorf for Petitioners.
No appearance for Respondents.
The Court.
[1] Ordinarily mandamus will not lie to compel a transfer of corporate stock; a suit in equity is the *276 proper remedy. There is nothing contained in the petition to show that this remedy is inadequate. (Spangenberg v. Western Heavy Hardware & Iron Co., 166 Cal. 284 [135 P. 1127].) The petition is denied.
