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THIELE v. SHIELDS

131 F.Supp. 416 (1955)

Albert E. THIELE, Plaintiff, v. Paul V. SHIELDS, Cornelius Shields, Eugene P. Barry, Robert T. Veit, Bernard F. Toole, John J. Reilly, Milton Watkins, Vladimir N. Bashkiroff, Macrae Sykes, Theodore L. Crockett, Hugh V. Sherrill, Herbert H. Childs, Thomas C. Rodman, W. Scott Linn, Charles W. Eaton and John J. Stonborough, individually and as co-partners trading under the firm name and style of Shields & Company; Robert E. Schweser Company; Leonard L. Lawrence; Eugene L. MacDonald, Lawrence S. Waterbury, Maurice N. Quade, Gene W. Hall, William E. R. Covell, Walter S. Douglas and Alfred Hedefine, individually and as copartners doing business under the firm name and style of Parsons, Brinckerhoff, Hall & MacDonald; and Marshall Dancy, Defendants.

United States District Court S. D. New York.

March 31, 1955.

Attorney(s) appearing for the Case

Davis Polk Wardwell Sunderland & Kiendl, New York City, Ralph M. Carson, James J. Higginson, New York City, of counsel, for plaintiff.

Gross, Welch, Vinardi & Kauffman, Omaha, Neb., Watters & Donovan, New York City, of counsel, for Robert E. Schweser Co. and Leonard L. Lawrence.

IRVING R. KAUFMAN, District Judge.

Defendants L. L. Lawrence and Robert E. Schweser Company move to dismiss the complaint for failure to state a claim and to set aside the service of process upon them. The action is brought for rescission and damages by the purchaser of certain bonds of the Bellevue Bridge Commission (Nebraska) against the defendant Schweser Company, a Nebraska securities firm and co-underwriter of the bonds with defendant Shields & Company and...

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