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WESTERN AUTO SUPPLY COMPANY v. GAMBLE-SKOGMO, INC.

4-61 Civ. 326.

231 F.Supp. 456 (1964)

WESTERN AUTO SUPPLY COMPANY, Plaintiff, and Beneficial Finance Co., Intervener, v. GAMBLE-SKOGMO, INC., Defendant.

United States District Court D. Minnesota, Fourth Division.

April 9, 1964.

Attorney(s) appearing for the Case

Armin M. Johnson, of Faegre & Benson, Minneapolis, Minn., appeared in behalf of plaintiff and intervener.

Edward J. Callahan, Jr., of Callahan & Callahan, Minneapolis, Minn. (Allen T. Rorem, Minneapolis, Minn., of counsel) appeared in behalf of defendant.

NORDBYE, District Judge.

This case arises under Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b), and was presented to the Court on a stipulation of facts.

As of January 1, 1960, the defendant, Gamble-Skogmo, Inc., was the beneficial owner of 1,256,044 shares of common stock issued by Western Auto Supply Company, a former Missouri corporation hereafter called Western Missouri. From January 1, 1960, to July 11, 1960, these holdings...

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