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STONE v. MERRITT-CHAPMAN & SCOTT CORPORATION

156 F.Supp. 315 (1957)

Seymour STONE, etc., Plaintiff, v. MERRITT-CHAPMAN & SCOTT CORPORATION et al., Defendants.

United States District Court S. D. New York.

November 14, 1957.

Attorney(s) appearing for the Case

Philip Novick, New York City, for plaintiff.

Manning, Hollinger & Shea, New York City, for defendants Merritt-Chapman & Scott Corp., William Denny, Rolland O. Baum, Marshal G. Staub and Robert E. Harvey. William A. Shea, Bruce A. Hecker, Ralph L. Ellis, New York City, of counsel.

LEVET, District Judge.

This is a stockholder's derivative action. Jurisdiction of this court is allegedly based upon diversity of citizenship. The action is brought by the plaintiff, Seymour Stone, a citizen and resident of the State of New York, on behalf of himself and other stockholders of Merritt-Chapman & Scott Corporation (hereinafter referred to as Merritt), Marion Power Shovel Company and The Osgood Company.

The defendants Merritt, William Denny...

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