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JOHNSON v. JOHNSON

212 N.J. Super. 368 (1986)

515 A.2d 255

BARBARA P. JOHNSON, PLAINTIFF, v. J. SEWARD JOHNSON, JR., ET AL., DEFENDANTS.

Superior Court of New Jersey, Chancery Division Mercer County.

Decided March 7, 1986.

Attorney(s) appearing for the Case

H. Curtis Meanor, Gregory P. Reilly and Ina B. Lewisohn, for plaintiff.

Richard M. Altman, Anne P. McHugh, and E. Elizabeth Sweetser, for defendants.

LEVY, P.J. Ch.

This action concerns the administration of the investment of assets, valued at approximately $100 million, of two charitable foundations. It was brought by Barbara P. Johnson, a former trustee, against J. Seward Johnson, Jr., a trustee, chairman of the finance committee and investment manager, and against the foundations. The Attorney General has intervened as an additional plaintiff.

Plaintiff seeks the ouster of defendant Johnson as investment...

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