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MOTOR TERMINALS v. NATIONAL CAR CO.

No. 10155.

182 F.2d 732 (1950)

MOTOR TERMINALS, Inc. v. NATIONAL CAR CO. et al.

United States Court of Appeals Third Circuit.

Decided June 15, 1950.

Attorney(s) appearing for the Case

R. Randolph Hicks, New York City, (Southerland, Berl & Potter, Wilmington, Del., on the brief), for appellant.

James R. Morford, Wilmington, Del. (Morford, Bennethum, Marvel & Cooch, Wilmington, Del., Carl H. Richmond, Washington D. C., on the brief), for National Car Co., defendant-appellee.

Before GOODRICH, WOODBURY and KALODNER, Circuit Judges.

WOODBURY, Circuit Judge.

This is a derivative stockholder's suit instituted by the plaintiff as the holder of one-half of the stock of another corporation, the defendant National Fitch Corporation, for a declaratory judgment with respect to the meaning of certain provisions in a contract entered into by the latter and still a third corporation — the defendant National Car Company. Federal jurisdiction rests upon diversity of citizenship and amount in controversy...

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