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SLAVIN v. GERMANTOWN FIRE INS. CO.

No. 6564.

74 F.Supp. 876 (1947)

SLAVIN et al. v. GERMANTOWN FIRE INS. CO. et al.

District Court, E. D. Pennsylvania.

November 12, 1947.

Attorney(s) appearing for the Case

Murdoch, Paxson, Kalish & Dilworth, C. Richardson Dilworth and James A. Sutton, all of Philadelphia, Pa., for plaintiffs.

C. Brewster Rhoads and Sidney L. Wickenhaver, both of Philadelphia, Pa., for Germantown Fire Ins. Co., Wm. H. Emhardt, Warren R. Humphreys, Edward M. Cushmore, Thomas Evans, Arthur W. Jones, Charles E. Dearnley, Wm. L. Gruhler, Harry E. Baton, Elmer S. Carll, Horace M. Schell and Glenn K. Morris.

Schnader, Kenworthey, Segal & Lewis, Charles E. Kenworthey and Robert M. Blair-Smith, all of Philadelphia, Pa., for Arthur O. Rosenlund.

Harold Evans, of Philadelphia, Pa., for Charles E. Kenworthey, Richard P. Brown and Walter Weir.

Clark, Brown, McCown, Fortenbaugh & Young and Everett H. Brown, Jr., all of Philadelphia, Pa., for National Bank of Germantown & Trust Co.

Guckes, Shrader & Burtt and Howard Burrt, all of Philadelphia, Pa., for Bioren & Co.

Felix & Felix, David H. H. Felix, of Philadelphia, Pa., for Charles Frazier, Charles K. Allman and Miriam S. Felix.

Thomas C. Egan, of Philadelphia, Pa., for Harry P. Gatter, Earle N. Barber, Clifford R. Koelle.

WELSH, District Judge.

This is a stockholders' derivative suit in which the plaintiffs base their cause on alleged violations of the Securities Exchange Act of 1934, 15 U.S.C.A. § 78a et seq. There is no diversity of citizenship and jurisdiction is wholly dependent upon the applicability of that Act and the regulations promulgated thereunder.

The Mutual Fire Insurance Company of Germantown, a 100-year old mutual having a surplus of approximately $3,500...

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