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CENTRAL RY. SIGNAL CO. v. LONGDEN

No. 10402.

194 F.2d 310 (1952)

CENTRAL RY. SIGNAL CO. v. LONGDEN.

United States Court of Appeals Seventh Circuit.

As Amended January 31, 1952.

Rehearing Denied March 14, 1952.

Attorney(s) appearing for the Case

Cole, Wildman & Cole, Albert H. Cole, Peru, Ind., David W. Kahn, New York City, William M. Kahn, New York City, of counsel, for appellant.

Hugh G. Freeland, Peru, Ind., Harold L. Fierman, New York City, Arthur M. Borden, New York City, of counsel, for appellee.

Before KERNER, DUFFY and LINDLEY, Circuit Judges.

LINDLEY, Circuit Judge.

In its complaint in the District Court, plaintiff averred that defendant Ralph L. Longden, through the instrumentality of defendant Victory Ordnance Corporation, while president of plaintiff, diverted a corporate opportunity presented in the form of proposed facilities and supply contracts with the Navy Department of the United States for loading 20mm. antiaircraft shells. The court entered judgment in favor of plaintiff and against defendant...

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