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DEAN WITTER & CO., INC. v. EDUCATIONAL COMPUTER CORP. (PA.)

Civ. A. No. 69-1250.

369 F.Supp. 757 (1974)

DEAN WITTER & CO., INC. v. EDUCATIONAL COMPUTER CORPORATION (PA.), Defendant. EDP TECHNOLOGY, INC. and Educational Computer Corporation (Del.), Defendants and Third-Party Plaintiffs, v. Doris B. BARON et al., Third-Party Defendants.

United States District Court, E. D. Pennsylvania.

January 23, 1974.

Attorney(s) appearing for the Case

Paul L. Donnelly, Philadelphia, Pa., for Dean Witter & Co.

Maurice Pollon, Philadelphia, Pa., for Educational Computer Corp. of Pa.

Richard R. Rulon, Philadelphia, Pa., for EDP Tech. Inc. and Educational Computer Corp. of Del.

OPINION

GORBEY, District Judge.

This is an action by a broker against the issuer of corporate stock to obtain transfer of certain legended stock certificates and damages for the issuer's delay or refusal to transfer the shares. Before this court is a motion by the issuer's successor for summary judgment. The issuer has refused transfer because the broker's customer had previously obtained the transfer of the same stock by providing the issuer with an affidavit...

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