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CORPORATION TRUST CO. v. LOGAN

Civil Action No. 334.

52 F.Supp. 999 (1943)

CORPORATION TRUST CO. v. LOGAN et al.

District Court, D. Delaware.

December 11, 1943.

Attorney(s) appearing for the Case

Edwin D. Steel, Jr. (of Morris, Steel & Nichols), of Wilmington, Del., for Arthur G. Logan et al., plaintiffs.

Aaron Finger (of Richards, Layton & Finger), of Wilmington, Del., and Gerald Donovan, of New York City, for William G. Maguire et al., defendants.

LEAHY, District Judge.

I. Applicability of the Securities Act of 1933. The question for decision is whether the Voting Trust Agreement of April 12, 1943 contemplates the issuance of a security4 in connection with a public offering under the provisions of the Act, where admittedly interstate means of communication and transportation were utilized in connection with the transaction, and no attempt was made to register under the statute...

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