The following excerpt is from Royal Air Properties, Inc. v. Smith, 333 F.2d 568 (9th Cir. 1964):
2 Costello v. United States, 365 U.S. 265, 81 S.Ct. 534, 5 L.Ed.2d 551 (1961); Sidebotham v. Robison, 216 F.2d 816 (9th Cir. 1954); 2 Pomeroy, Equity Jurisprudence 419d (5th ed. 1941); 12A Fletcher, Corporations 5606, at 199-200 (1957).
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