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McDONALD v. CHICAGO MILWAUKEE CORP.

No. 77-1127.

565 F.2d 416 (1977)

Clement J. McDONALD, Individually and as Class Representative of Holders of 4½% Convertible Income Bonds Series B, Plaintiff-Objector-Appellant, v. CHICAGO MILWAUKEE CORPORATION et al., Defendants-Appellees. Morton WEINRESS, Individually and as Class Representative of Holders of 5% Income Debentures Series A, Plaintiff-Appellee, and Raymond J. McDonald, Intervenor-Objector-Appellant, v. CHICAGO MILWAUKEE CORPORATION et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided October 7, 1977.

As Amended October 11, 1977.

Attorney(s) appearing for the Case

Donald C. Gancer, Querrey, Harrow, Gulanick & Kennedy, Chicago, Ill., for appellants.

Joe A. Sutherland, David D. Rosenstein, Jerome H. Torshen, Thomas P. Sullivan, U. S. Atty., Richard James Stevens, Harold E. Spencer, Chicago, Ill., for appellees.

Before PELL and WOOD, Circuit Judges, and GORDON, District Judge.

PELL, Circuit Judge.

This appeal involves three class action suits, consolidated in the district court below, initiated by various holders of railroad securities. On December 9, 1976, the district court entered a judgment approving an agreement of settlement and dismissing the consolidated actions. Objectors Clement J. McDonald and Raymond J. McDonald, father and son, holders respectively of Series B Bonds and Series A 5% Income Debentures, jointly noticed an appeal...

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