SECURITIES AND EXCHANGE COM'N v. ALDRED INV. TRUST

Nos. 2805, 2708.

58 F.Supp. 724 (1945)

SECURITIES AND EXCHANGE COMMISSION v. ALDRED INV. TRUST et al. STRATTON v. SAME.

District Court, D. Massachusetts.

January 19, 1945.


Attorney(s) appearing for the Case

Phipps, Durgin & Cook, R. A. B. Cook, and J. N. Welch, all of Boston, Mass., for plaintiff Stratton.

Tyler & Reynolds, and George B. Rowlings, all of Boston, Mass., for interveners H. Isaiah Smith and Arthur P. Hudson.

Philip A. Chapman, of Boston, Mass., for interveners Philip A. Chapman et al.

Edward H. Cashion, of Philadelphia, Pa., E. Russell Kelly, of Baltimore, Md., Sidney Manster, Mayer U. Newfield, and Emanuel Bublick, all of Philadelphia, Pa., and Frank Kopelman, of Boston, Mass., for plaintiff Securities and Exchange Commission.

Hugh D. McLellan and William J. Hession, both of Boston, Mass., for defendants Aldred Inv. Co. et al.


SWEENEY, District Judge.

In both of these actions the appointment of a receiver and the liquidation of the trust is sought. In civil action No. 2805, hereinafter referred to as the "S.E.C. case", an injunction is also sought against the defendants continuing to act as trustees or officers of the defendant trust. Civil action No. 2708, hereinafter referred to as the "Stratton case", was brought by a debenture holder who...

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