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PERLMAN v. PERMONITE MFG. CO.

Civ. No. H79-498.

568 F.Supp. 222 (1983)

Mac R. PERLMAN, Sylvia Perlman, and Alan J. Pearlman, Plaintiffs, v. PERMONITE MANUFACTURING CO. and Midland Enterprises, Inc., Defendants.

United States District Court, N.D. Indiana, Hammond Division.

June 29, 1983.

Attorney(s) appearing for the Case

Duane W. Hartman, Blachly, Tabor, Bozik & Hartman, Valparaiso, Ind., Robert J. Melone, Chicago, Ill., for plaintiffs.

Alan E. Lapidus, Christopher J. Horsch, Vedder, Price, Kaufman & Kammholz, Chicago, Ill., for defendants.

FINDINGS OF FACT, MEMORANDUM OPINION and JUDGMENT

MOODY, District Judge.

This is an action brought under Section 23-1-5-7 of the Indiana Code to have the Court determine the value of Plaintiff's 48 shares of stock of Midland Enterprises, Inc. at the effective date of the merger of Midland into Permonite Manufacturing Company.

A bench trial was held on November 2 and 3, 1982. Defendants moved for a directed verdict at the close of the plaintiff's...

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