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HART v. SAVINGS & PROFIT SHAR. PEN. F. OF SEARS, ROEBUCK & CO.

Civ. A. No. 6091.

291 F.Supp. 95 (1968)

Norman E. HART, Plaintiff, v. The SAVINGS AND PROFIT SHARING PENSION FUND OF SEARS, ROEBUCK AND CO., Employes, and Claire Giannini, et al., Defendants and Third-Party Plaintiffs, v. Norman E. HART, Larry K. Gates, and Katie C. Lewis, Third-Party Defendants.

United States District Court E. D. Virginia, Norfolk Division.

July 30, 1968.

Attorney(s) appearing for the Case

Clarke & Snider, Virginia Beach, Va., for plaintiff.

Willcox, Savage, Lawrence, Dickson & Spindle, Norfolk, Va., for defendants and third-party plaintiff.

Parsons, Steffen & Moore, Norfolk, Va., for third-party defendants.

MEMORANDUM

MacKENZIE, District Judge.

In the mid-1920's Sears, Roebuck and Company, Incorporated, as part of its enlightened management program, initiated The Savings and Profit Sharing Pension Fund of Sears, Roebuck and Co., Employes. Since that time it has attracted the participation of the great majority of Sears employees and is now a Two-Billion Dollar organization.

We are asked to declare that a requirement of the trust, i. e., that the employee...

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