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AMERICAN INVESTMENT CO. OF ILL. v. LICHTENSTEIN

No. 9936(3).

134 F.Supp. 857 (1955)

AMERICAN INVESTMENT COMPANY OF ILLINOIS, Plaintiff, v. David B. LICHTENSTEIN, Key Finance Company, a corporation, Mercedes Lichtenstein, David B. Lichtenstein, Trustee for David B. Lichtenstein, Jr., David B. Lichtenstein, Trustee for Daniel B. Lichtenstein, Everett Best, William A. Gerard, and Lyle S. Woodcock, Defendants.

United States District Court E. D. Missouri, E. D.

October 21, 1955.

Attorney(s) appearing for the Case

Jones, Hocker, Gladney & Grand, by Lon R. Hocker, St. Louis, Mo., for plaintiff.

Mark D. Eagleton, and Bryan, Cave, McPheeters & McRoberts, by R. H. McRoberts, Sr., St. Louis, Mo., for defendants, David B. Lichtenstein, Mercedes Lichtenstein, David B. Lichtenstein, Trustee for David B. Lichtenstein, Jr., and David B. Lichtenstein, Trustee for Daniel B. Lichtenstein.

Adolph K. Schwartz, St. Louis, Mo., for defendant, Key Finance Co.

Forrest M. Hemker, St. Louis, Mo., for defendants, Everett Best, William A. Gerard, and Lyle S. Woodcock.

HARPER, District Judge.

The American Investment Company of Illinois (hereinafter referred to as American), a Delaware corporation, filed its original complaint against David B. Lichtenstein (hereinafter referred to as Lichtenstein), defendant, alleging that while acting as a director of American, the defendant acquired for his own purchase, a financial interest in Liberty Loan Corporation (hereinafter referred to as Liberty), a Delaware corporation, without disclosing...

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