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LEE v. NATIONAL BANCSERVICE CORPORATION

33 F.Supp. 126 (1940)

LEE et al. v. NATIONAL BANCSERVICE CORPORATION.

District Court, S. D. New York.

May 13, 1940.

Attorney(s) appearing for the Case

Wasserman, Behr & Shagan, of New York City (M. J. Shagan, of New York City, of counsel), for plaintiffs.

Tompkins, Boal & Tompkins, of New York City (Arthur M. Boal, of New York City, of counsel), for defendant.

GALSTON, District Judge.

The defendant, the National Bancservice Corporation, was organized under the laws of the State of Delaware on July 25, 1928, and as a holding company acquired the shares of stock of a number of printing plants owned or controlled by the plaintiffs.

The company seemed not to have prospered and as early as December 31, 1930, showed a net loss in operations of $397,601.84. On or about March...

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