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LAWRENCE v. SUDMAN

Civ. 25-177.

70 F.Supp. 387 (1945)

LAWRENCE et al. v. SUDMAN et al.

District Court, S. D. New York.

June 21, 1945.

Attorney(s) appearing for the Case

Isadore Shapiro, of New York City (Lazaar Henkin, of New York City, of counsel), for plaintiffs.

White & Case, of New York City (Lowell Wadmond, and Philip H. Weeks, both of New York City, of counsel), for defendants.

BRIGHT, District Judge.

The plaintiffs, until September 20, 1940, were employees and until September 23, 1940, stockholders of Black Diamond Lines, Inc. Defendants were the owners of 94,500 shares of the common stock of that corporation (which consisted of 100,000 shares, par 5¢), and from December 13, 1939 were the sole directors and officers thereof. Plaintiffs and eight other employees were the owners of the other 5,500 shares, each of the plaintiffs owning...

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