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GOMBERG v. MIDVALE COMPANY

Civ. A. Nos. 20012, 20019.

157 F.Supp. 132 (1955)

Samuel GOMBERG, Samuel Dreier, Abraham Perlen, Ale Perlen, and Sol Poler v. The MIDVALE COMPANY, a corporation, Baldwin Securities Corporation, a corporation, Henry B. Bryans, Joseph N. Ewing, Edward Hopkinson, Jr., Page Hufty, Richard T. Nalle, and Robert C. Shields. Florence W. BRILL, Herman Canter, Edward Netter, Frances Netter and Robert Netter v. The MIDVALE COMPANY, Baldwin Securities Corporation, Midvale-Heppenstall Company, The Heppenstall Company, Howard H. Casey, Walter H. Lewis, Lloyd R. Loewen, Lewis W. Metzger, Richard T. Nalle, Adolph O. Schaefer, Edward Hopkinson, Jr. and C. E. Acker.

United States District Court E. D. Pennsylvania.

December 30, 1955.

Attorney(s) appearing for the Case

John E. Walsh, Jr., and Richard C. Bull (of White, Williams & Scott), Philadelphia, Pa., and Ira R. Bennett, New York City, and Rubin Baron, Brooklyn, N. Y., for plaintiffs Gomberg et al.

Richard H. Egnal and George Netter (of Geist & Netter), New York City, for Brill et al.

Thomas B. K. Ringe (of Morgan, Lewis & Bockius), Philadelphia, Pa., for defendants, except Heppenstall Co.

Chas. E. Kenworthy, Pittsburgh, Pa., for Heppenstall Co. and Midvale-Heppenstall Co.

GANEY, District Judge.

The issues now before us arise out of two separate civil actions which, although based upon different grounds, have as their common purpose the single objective of obtaining an injunction preventing the consummation of a "Purchase Agreement" entered into between The Midvale Company and the Midvale-Heppenstall Company on December 2, 1955.

Under the agreement Midvale agreed to sell, subject to the approval of a majority vote of the Midvale...

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