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CENTRAL STANDARD LIFE INS. CO. v. DAVIS

No. 34166.

10 Ill.2d 566 (1957)

141 N.E.2d 45

CENTRAL STANDARD LIFE INSURANCE COMPANY, Appellant, v. C. HAYDEN DAVIS et al., Appellees.

Supreme Court of Illinois.

Opinion filed March 20, 1957.

Attorney(s) appearing for the Case

VERNON R. LOUCKS, of Chicago, and H.E. FULLENWIDER, of Springfield, (CHARLES O. LOUCKS, JAMES L. HENRY, and CLARKSON W. LOUCKS, of counsel,) for appellant.

BARBER & BARBER, of Springfield, and E.K. BEKMAN, of Ottumwa, Iowa, (CLAYTON J. BARBER, and ALTON G. HALL, of counsel,) for appellees C. Hayden Davis et al.; GIFFIN, WINNING, LINDNER & NEWKIRK, of Springfield, (MONTGOMERY S. WINNING, of counsel,) for appellee Abraham Lincoln Hotel Company.

Judgment affirmed.

Mr. JUSTICE SCHAEFER delivered the opinion of the court:

Central Standard Life Insurance Company owns 4098 shares of the preferred stock of Abraham Lincoln Hotel Company. On its own behalf, and on behalf of approximately four hundred other preferred shareholders, it brought this class action in the circuit court of Sangamon County, praying for the dissolution of the Hotel Company and a sale and distribution of its assets. After a trial before...

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