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BATH INDUSTRIES, INC. v. BLOT

Civ. A. No. 69-C-453.

305 F.Supp. 526 (1969)

BATH INDUSTRIES, INC., a Delaware corporation, Plaintiff, v. Emmet J. BLOT, Edward A. Merkle, Madison Fund, Inc., a Delaware corporation, MAD International, Inc., a corporation, Richard E. McConnell, Donner Corporation, a Pennsylvania corporation, Hambro American Bank & Trust Co., a New York corporation, Norton Penturn, Clark Estates, Inc., a corporation, X, Y and Z Investment Companies, and A, B and C Investment Banking and Brokerage Firms, Defendants.

United States District Court E. D. Wisconsin.

November 3, 1969.

Attorney(s) appearing for the Case

David E. Beckwith and Robert A. Christensen, Milwaukee, Wis., for plaintiff; Michael Mitchell and Joseph Flom, New York City, of counsel.

Maxwell H. Herriott, Laurence C. Hammond, Jr. and W. Stuart Parsons, Milwaukee, Wis., for defendants, Emmet J. Blot and Hambro American Bank & Trust Co.; David Hartfield, Jr., and Paul J. Bschorr, New York City, of counsel.

Frank J. Pelisek and James C. Mallatt, Milwaukee, Wis., for defendants, Edward A. Merkle and Madison Fund, Inc.; Duncan O. McKee and Tyson W. Coughlin, Philadelphia, Pa., of counsel.

Reuben W. Peterson, Milwaukee, Wis., for defendant, MAD International, Inc.

Victor M. Harding, Milwaukee, Wis., for defendant, Clark Estates, Inc.; Winthrop, Stimson, Putnam & Roberts, New York City, of counsel.

FINDINGS OF FACT, CONCLUSIONS OF LAW, AND PRELIMINARY INJUNCTION

REYNOLDS, District Judge.

Bath Industries, Inc., brings this suit for preliminary injunction to prevent defendants from voting the Bath stock they hold, requesting a special shareholders' meeting or a copy of the shareholders' list, and from acquiring any shares of Bath stock or warrants. It is the contention of Bath that defendants failed to comply with section 13(d) of the 1934 Securities...

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