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UNITED STATES LINES v. UNITED STATES LINES CO.

No. 107.

96 F.2d 148 (1938)

UNITED STATES LINES, Inc., et al. v. UNITED STATES LINES CO. et al. CHAPMAN v. INTERNATIONAL MERCANTILE MARINE CO. et al.

Circuit Court of Appeals, Second Circuit.

April 4, 1938.

Attorney(s) appearing for the Case

David B. Landis, of New York City, for appellant Theodore S. Chapman.

Kirlin, Campbell, Hickox, Keating & McGrann, of New York City (Cletus Keating, Roger Siddall, and Donald D. Geary, all of New York City, of counsel), for defendant-appellee International Mercantile Marine Co.

Cravath, deGersdorff, Swaine & Wood, of New York City (William D. Whitney and G. W. Haight, both of New York City, of counsel), for defendants Tide Water Oil Co., and William F. Humphrey.

Before MANTON, AUGUSTUS N. HAND, and CHASE, Circuit Judges.

AUGUSTUS N. HAND, Circuit Judge.

The defendant United States Lines Company has been engaged since on or about December 8, 1931, in the business of owning and operating a transatlantic line of steamers which had been operated prior to that date by the complainant United States Lines, Inc. In February, 1934, United States Lines, Inc., brought a derivative stockholders' suit against United States Lines Company to assert claims that the latter corporation is said to have...

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