The above-entitled action was tried pursuant to stipulation. Essentially, there is no dispute about the facts.
The plaintiffs in this action are trustees of five jointly managed trust funds created pursuant to the Taft-Hartley Act (US Code, tit 29, § 141 et seq.). The defendant, Rubin Zimmerman, is the president and majority shareholder of a defunct corporation known as Clay Partitions, Inc. Clay was a member
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