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PETERSON v. FIDELITY & DEPOSIT CO. OF MARYLAND

Civ. A. No. 3064-67.

330 F.Supp. 424 (1971)

Karl PETERSON, Plaintiff, v. FIDELITY & DEPOSIT CO. OF MARYLAND, Defendant.

United States District Court, District of Columbia.

June 22, 1971.

Attorney(s) appearing for the Case

James P. Schaller, Washington, D. C., for plaintiff.

Alexander M. Heron, Washington, D. C., for defendant.

OPINION

CORCORAN, District Judge.

I

In 1963 the plaintiff was President, Director, and holder of approximately one-half of the outstanding shares of stock of a small contracting firm, Oxford Constructors Corporation (hereinafter "Oxford"). Lee Butler, Jr. owned the remaining one-half of the corporation.

During the period here involved, Oxford had contracts with M. J. Bles Construction Co. for the construction of a part of the Potomac Interceptor...

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