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GRAFTON v. MASTELLER

No. 11754.

232 F.2d 773 (1956)

Walter M. GRAFTON v. Henry A. MASTELLER, James J. McGinnis, Albert J. Bader, Earl D. Sticklen, John A. Driscoll, James F. McGowen, Thomas L. McNee & General Industries, Inc., Appellants.

United States Court of Appeals Third Circuit.

Decided April 25, 1956.

Attorney(s) appearing for the Case

Walter Biddle Saul, Philadelphia, Pa. (Richard M. Saul, Philadelphia, Pa., on the brief), for appellants.

Thomas D. McBride, Philadelphia, Pa. (William N. J. McGinniss, Ardmore, Pa., Louis Lipschitz, Philadelphia, Pa., on the brief), for appellee.

Before MARIS, STALEY and HASTIE, Circuit Judges.

HASTIE, Circuit Judge.

This is an equitable proceeding in which the district court has decreed that plaintiff Grafton is entitled to fifty shares of the capital stock of General Industries, Inc., a Pennsylvania business corporation. The three men, Masteller, McGinnis and Bader, who were associated with Grafton in the initiation of this business venture and its incorporation, have been joined with the corporation itself as defendants. Diversity of citizenship is the...

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