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OTIS & CO. v. PENNSYLVANIA R. CO.

No. 3618.

61 F.Supp. 905 (1945)

OTIS & CO. v. PENNSYLVANIA R. CO. et al.

District Court, E. D. Pennsylvania.

July 20, 1945.

Attorney(s) appearing for the Case

Robert J. Bulkley, of Washington, D. C., and James F. Masterson and Simon Pearl, both of Philadelphia, Pa., for plaintiff.

Albert Ward, R. Sturgis Ingersoll, and John Dickinson, all of Philadelphia, Pa., for defendants.

KALODNER, District Judge.

This secondary, or derivative action was brought by Otis & Co., a stockholder in the Pennsylvania Railroad Co., against that Company, its officers and directors, and the Pennsylvania, Ohio and Detroit Railroad Co., and certain of its officers and directors. The latter is a wholly-owned subsidiary of the Pennsylvania Railroad. The matter is presently before the Court on a motion for summary judgment for consideration on the merits. Previously...

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