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CONTINENTAL-MIDWEST CORP. v. HOTEL SHERMAN, INC.

Gen. No. 47,061.

13 Ill. App.2d 188 (1957)

141 N.E.2d 400

Continental-Midwest Corporation, Plaintiff-Appellee, v. Hotel Sherman, Inc., Frank W. Bering, James A. Hart, Patrick H. Hoy, L. Julian Harris, W.P. Bradtmiller, David Levinson, Roger S. Bloch, and Ambassador East, Inc., Defendants-Appellants.

Appellate Court of Illinois — First District, Third Division.

Released for publication April 24, 1957.

Attorney(s) appearing for the Case

Sonnenschein, Berkson, Lautmann, Levinson & Morse, of Chicago, and D'Ancona, Pflaum, Wyatt & Riskind, of Chicago for defendants-appellants; David Levinson, John J. Faissler, Frank C. Bernard, L. Julian Harris, and C. Harker Rhodes, Jr., of Chicago, of counsel.

Albert E. Jenner, Jr., Edward H. Hatton, and Thomas P. Sullivan, for plaintiff-appellee; Johnston, Thompson, Raymond, Mayer & Jenner, of Chicago, of counsel.

JUDGE KILEY delivered the opinion of the court.

This is an appeal by defendants from an order for a temporary injunction (Sec. 78, CPA) [Ill. Rev. Stats. 1955, ch. 110, § 78] in favor of plaintiff, a minority stockholder in Hotel Sherman, Inc., referred to herein as Sherman. The order restrains defendants (a) from voting Sherman stock held by its subsidiary, Ambassador East, Inc., referred to herein as Ambassador; (b) from purchasing, acquiring or exchanging...

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