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RINN v. ASBESTOS MFG. CO.

No. 6553.

101 F.2d 344 (1938)

RINN et al. v. ASBESTOS MFG. CO. et al.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied February 16, 1939.

Attorney(s) appearing for the Case

Thomas L. Owens, of Chicago, Ill., for appellants.

Eben Lesh and Joseph H. Lesh, both of Huntington, Ind., for appellee Asbestos Mfg. Co.

Fred Shoaff, of Fort Wayne, Ind., for appellees Wallace, Edson, and Janes.

U. S. Lesh, James E. Lesh, and Samuel T. Lesh, all of Indianapolis, Ind., for appellees Churchman, Evans, LaMont, Towle, Brown, and Joslyn.

Before SPARKS and MAJOR, Circuit Judges, and LINDLEY, District Judge.

LINDLEY, District Judge.

Plaintiffs, on April 14, 1935, as stockholders of the Asbestos Company, brought this suit against the company and its directors, charging the latter with mismanagement and conspiracy to defraud the company and its stockholders and requesting an accounting. Defendants denied the charges and upon trial the court entered its findings of fact and conclusions of law, dismissing the bill for want of equity...

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