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WARD v. FLEX-O-TUBE CO.

No. 6401.

94 F.Supp. 883 (1951)

WARD et al. v. FLEX-O-TUBE CO.

United States District Court E. D. Michigan, S. D.

January 23, 1951.

Attorney(s) appearing for the Case

Smith & Huffaker, Pell Hollingshead and Carroll C. Grigsby, all of Detroit, Mich., for plaintiff.

Beaumont, Smith & Harris and Alfred E. Lindbloom, all of Detroit, Mich.. Pam, Hurd & Reichmann and Fredric H. Stafford, all of Chicago, Ill., Guy G. Bratton, Detroit, Mich., defendant to the counter-claim in pro. per.

LEDERLE, Chief Judge.

Findings of Fact

1. This action was instituted on February 6, 1947, seeking a declaration that three preliminary reports of examination on and prior to October 21, 1946 constituted final audits determining net worth of a manufacturing business sold by plaintiffs to defendant, at a price subject to adjustment upon ascertainment, by audit, of the true net worth of the business. Based upon these preliminary reports, plaintiffs claimed...

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