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GALFAND v. CHESTNUTT

Civ. A. No. 73-1516.

363 F.Supp. 291 (1973)

Mildred GALFAND, on behalf of herself and on behalf of American Investors Fund, Inc., Plaintiff, v. George A. CHESTNUTT, Jr., and Chestnutt Corporation, Defendants, American Investors Fund, Nominal Defendant.

United States District Court, E. D. Pennsylvania.

July 13, 1973.

Attorney(s) appearing for the Case

Richard A. Ash, Philadelphia, Pa., for plaintiff.

H. Laddie Montague, Jr., Philadelphia, Pa., for defendants.

MEMORANDUM

BRODERICK, District Judge.

This is a shareholder derivative action filed on July 6, 1973. A hearing was held on July 11, 1973 on plaintiff's request for a preliminary injunction restraining the defendant, American Investors Fund, Inc. (Fund) from conducting its annual meeting scheduled for July 17, 1973 in Greenwich, Connecticut and barring the use of the proxies. The defendant filed on July 11, 1973 a motion to transfer this action to the United...

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