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COLUMBUS OUTDOOR ADVERTISING CO. v. HARRIS

No. 9076.

127 F.2d 38 (1942)

COLUMBUS OUTDOOR ADVERTISING CO. et al. v. HARRIS.

Circuit Court of Appeals, Sixth Circuit.

April 10, 1942.

Attorney(s) appearing for the Case

Henry J. Linton, of Columbus, Ohio, for appellants.

H. W. Fraser, of Toledo, Ohio (Fraser, Effler, Shumaker & Winn and Ross W. Shumaker, all of Toledo, Ohio, on the brief), for appellee.

Before HICKS, ALLEN and MARTIN, Circuit Judges.

HICKS, Circuit Judge.

As its name implies, the Columbus Outdoor Advertising Company (herein called the Columbus Company) was engaged in outdoor display advertising. Its capitalization was 200 shares of common stock owned by four shareholders, as follows: Thomas L. Kaplin, of record, 67 shares; Thomas L. Kaplin, beneficially, 64 shares; Wilbur Richard Ortman, 40 shares; Lillian R. Hood, 15 shares; Frank Mitchell, 14 shares.

Following negotiations with Ortman...

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