CRAFTSMAN FINANCE & MORTGAGE CO. v. BROWN


64 F.Supp. 168 (1945)

CRAFTSMAN FINANCE & MORTGAGE CO., Inc., v. BROWN et al.

District Court, S. D. New York.

November 17, 1945.


Attorney(s) appearing for the Case

William Rosenfeld, of New York City, for plaintiff.

Reed, Truslow, Crane & De Give, of New York City (William G. Mulligan and Milton Kaplan, both of New York City, of counsel), for defendants Russell R. Brown and Stewart M. Seymour.

Humes, Buck, Smith & Stowell, of New York City (John F. Kiernan, of New York City, of counsel), for defendant Stanhope Foster, individually and as a partner of Foster & Co.

Garey, Desvernine & Garey, of New York City (Ambrose V. McCall and Jacob J. Rosenblum, both of New York City, of counsel), for defendant Samuel L. Westerman, individually and as a partner of Foster & Co.

Edwin M. Slote, of New York City (Max E. Lynne, of New York City, on the brief), for defendants American Spirits, Inc., and Sidney Kessler, individually and as a partner of Foster & Co.

Stewart M. Seymour, of New York City, for defendant American Distilling Co.


LEIBELL, District Judge.

Plaintiff as a stockholder of the American Distilling Company, which owns 50% of the stock of American Spirits, Inc., brings this action on behalf of both said corporations and names as defendants a number of directors, a partnership, and certain individuals, who allegedly aided the delinquent directors and participated in certain transactions, which are claimed to have resulted in damage to the two corporations and in profits to the wrongdoers...

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