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FERGUSON v. BIRRELL

190 F.Supp. 506 (1960)

Murray FERGUSON, as Trustee in Reorganization of Equitable Plan Company, Plaintiff, v. Lowell M. BIRRELL, Samuel J. Smiley, Fred Tabah, Louis A. Schnider, Joseph Leznoff, Harry Workman, Harold J. Simon, Edward I. Daspin, Sol R. Kurlander, Abe Weitzman, Juan F. Aguilar-Leon, Raul De Juan, Joseph W. Crosby, Susan R. Miller, Harry N. Cutler, H. W. Perlmutter, Clayville Truck Rental Corp., Bell Container Corporation, Synta Corporation Reg. Trust, Pan American Investment Corporation, Charles Holdings, Inc., and Doeskin Products, Inc., Defendants.

United States District Court S. D. New York.

Order Affirmed April 13, 1961.

Attorney(s) appearing for the Case

Thacher, Proffitt, Prizer, Crawley & Wood, New York City, for plaintiff; Edward C. Kalaidjian and Robert S. Stitt, New York City, of counsel.

McCarthy, Kapelman & Nathanson, New York City, for defendants Doeskin Products, Inc. and Clayville Truck Rental Corp.

Meyer, Kissel, Matz & Seward, New York City, for defendant Fred Tabah; Lester Kissel, James C. Quigley and James J. Sheridan, New York City, of counsel.

Samuel H. Levinkind, New York City, for defendants Samuel J. Smiley, Louis A. Schnider and Sol R. Kurlander.

Abraham M. Glickman, New York City, as escrowee.

George C. Levin, New York City, for trustees of Swan-Finch Oil Corp., Keta Gas & Oil Co., and Swan Finch Petro Chemical Corp.

Kiva Berke, New York City, and Richard Veron, Brooklyn, N. Y., for Securities & Exchange Commission.

PALMIERI, District Judge.

Nature of the Action and the Motion for Relief Pendente Lite.

This is a shareholders' derivative action commenced on October 14, 1960 by the Chapter X Trustee of Equitable Plan Company, a California corporation,1 which holds title to 198,480 shares of the common stock of Doeskin Products, Inc., a New York corporation.2 As a first claim, plaintiff asserts that 1,000,000 of...

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