WARD v. FLEX-O-TUBE CO.

Civ. A. 10289.

112 F.Supp. 658 (1953)

WARD et al. v. FLEX-O-TUBE CO. et al.

United States District Court E. D. Michigan, S. D.

June 10, 1953.


Attorney(s) appearing for the Case

Carroll C. Grigsby and Smith & Huffaker, Detroit, Mich., for plaintiffs.

Alfred E. Lindbloom and Beaumont, Smith & Harris, Detroit, Mich. (Dallstream, Schiff, Stern & Hardin, Chicago, Ill., of counsel), for defendants.


LEVIN, District Judge.

The plaintiffs are citizens of Michigan. Both defendants are foreign corporations. For some years the plaintiffs each owned half of the outstanding shares of the capital stock of the defendant Harturn, Inc., then known under another name. Early in 1945 the plaintiffs granted an option to a third party to purchase their stock, which option was exercised, and the interest thus acquired was, on September 15, 1945, assigned by such third party to...

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