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BORG v. INTERNATIONAL SILVER CO.

2 F.2d 910 (1924)

BORG et al. v. INTERNATIONAL SILVER CO.

District Court, S. D. New York.

May 15, 1924.

Attorney(s) appearing for the Case

Cook, Nathan & Lehman, of New York City (Walter C. Noyes, Alfred A. Cook, and F. F. Greenman, all of New York City, of counsel), for plaintiffs.

Simpson, Thacher & Bartlett, of New York City (Graham Sumner, of New York City, of counsel), for defendant.

WINSLOW, District Judge.

This is a motion for a preliminary injunction restraining the defendants from issuing shares of its common stock, of the par value of $100 each, to the record holders of its preferred and common stock, at $50 a share, in the proportion of one share for every ten held. The defendant contemplates issuing to such stockholders, common and preferred, sufficient stock to raise approximately $300,000. Three other persons have asked permission to...

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