SYSTEM MEAT COMPANY v. STEWART

No. 36984.

163 N.W.2d 789 (1969)

183 Neb. 698

SYSTEM MEAT COMPANY, a Wyoming Corporation, Appellee, v. B. M. STEWART et al., Appellees, Richard Kekeisen et al., Interveners-Appellants.

Supreme Court of Nebraska.

January 10, 1969.


Attorney(s) appearing for the Case

Marvin L. Holscher, Scottsbluff, Malcolm D. Young, Omaha, for interveners-appellants.

Atkins, Ferguson & Nichols, Scottsbluff, for System Meat Co.

Wright, Simmons & Hancock, Scottsbluff, for B. M. Stewart.

Heard before WHITE, C. J., SPENCER, BOSLAUGH, SMITH, McCOWN, and NEWTON, JJ., and SCHMIDT, District Judge.


SMITH, Justice.

The district court approved an agreement for settlement made by defendants and plaintiff over objections of intervening stockholders of plaintiff. The question on appeal by objectants is whether the agreement was fair.

Plaintiff, a packinghouse corporation, commenced this suit, claiming that a transaction between its former president Peter F. Smith and defendant B. M. Stewart was fraudulent. Plaintiff implicated defendant System Investment...

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