No. 74-1190.

514 F.2d 956 (1975)

Ruth Elizabeth McCormick TANKERSLEY et al., Plaintiffs-Appellees, v. Joseph M. P. ALBRIGHT and Josephine P. Albright, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided March 20, 1975.

As Modified on Denial of Rehearing April 11, 1975.

Attorney(s) appearing for the Case

David L. Schiavone, Chicago, Ill., Bernard H. Greene, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendants-appellants.

Don H. Reuben, Chicago, Ill., for plaintiffs-appellees.

Before FAIRCHILD, Chief Judge, HASTINGS, Senior Circuit Judge and SWYGERT, Circuit Judge.

SWYGERT, Circuit Judge.

The subject of this appeal is a voting trust originally created under Illinois law and having significant contacts with the State of Delaware. The questions include whether the trust still legally exists, whether the trustees, by taking certain proposed actions, have violated their fiduciary responsibilities, and whether there was compliance with certain registration requirements of the Securities Exchange Act of 1934.

Plaintiffs are...

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