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SECURITIES & EXCHANGE COMM. v. GLASS MARINE INDUS.

Civ. A. No. 2276.

199 F.Supp. 16 (1961)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. GLASS MARINE INDUSTRIES, INC., a Delaware corporation, Defendant.

United States District Court D. Delaware.

January 18, 1961.

Attorney(s) appearing for the Case

John J. Enright, Chicago, Ill., for Securities and Exchange Commission.

James T. McKinstry, Richards, Layton & Finger, Wilmington, Del., and Peter Edge, Chicago, Ill., for defendant.

Samuel R. Russell, Jr., Morford, Young & Conaway, Wilmington, Del., and Lawrence A. Coles, Jr., Chicago, Ill., for stockholder Haydon Leason.

John J. Morris, Jr., Morris, James, Hitchens & Williams, Wilmington, Del., and Saul S. Nevins, New York City, for proposed intervenor Lancer Industries, Inc.

LEAHY, Senior District Judge.

Order

And now January 18, 1961, it appearing that on December 7, 1960 this Court entered an order which temporarily restrained defendant, Glass Marine Industries, Inc., from transferring, selling, assigning, etc., any claims or assets, etc., belonging to or in its possession, which injunction was extended by further order on December 21, 1960, and it further

Appearing Lancer Industries, Inc. has filed its petition for...

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