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RADEMACHER v. RUSS

Civ. No. 5040.

131 F.Supp. 50 (1955)

William F. RADEMACHER, Plaintiff, v. Donald C. RUSS, Harry A. Steffen, Clinton W. Erickson, Northwest Seed Grain, Inc., a corporation, Farmers Grain Corp., a corporation, and Superior Corporation, a corporation, Defendants.

United States District Court D. Minnesota, Fourth Division.

April 27, 1955.

Attorney(s) appearing for the Case

Morton J. Goustin, Minneapolis, Minn., for plaintiff in opposition to motion.

Hyman Edelman, Kaplan, Edelman and Kaplan, Minneapolis, Minn., for defendants in support of motion.

NORDBYE, Chief Judge.

Plaintiff alleges in the second cause of action that he is a stockholder in the corporate defendant Northwest Seed Grain, Inc. This action is in the nature of a shareholder's derivative suit, alleging that the individual defendants are in control of the corporation and have squandered and wasted its assets. Plaintiff's first cause of action, on the other hand, seeks to recover the price that plaintiff paid for his stock in Northwest and alleges...

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