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AUSTELL v. SMITH

No. C-C-85-0689-P.

634 F.Supp. 326 (1986)

S. Harold AUSTELL, Thomas B. Austell, Doris N. Austell, Norman D. Blair, Daniel A. Blair, Leon I. Chidester, Jr., Shelby M. Freeman, Roger B. Kerns, E.H. Lowder & Sons, Inc., James D. McDuffie, Mary A. Moss, John B. Pierce, Norma C. Pierce, Arnold W. Smith, Dollie C. Smith, H. Kent Sowers, William L. Sowers, Ray L. White, Lela F. White, and Joseph M. Wright, on behalf of themselves and all others similarly situated, Plaintiffs, v. O. Bruton SMITH, Lone Star Ford, Inc., Charles A. West, Charlotte Motor Speedway, Inc. (the successor corporation), H.A. Wheeler, Jr., T.E. Efird, Edwin D. Griffith, and Ivan Tufty, Defendants, v. CHARLOTTE MOTOR SPEEDWAY, INC., (the merged corporation, Nominal Defendant and Beneficially Interested Party).

United States District Court, W.D. North Carolina, Charlotte Division.

May 6, 1986.

Attorney(s) appearing for the Case

A. Ward McKeithen, Dan T. Coenen, David C. Wright, III, Robinson, Bradshaw & Hinson, Douglas A. Brackett, R. Craig Miller, Jr., Dozier, Brackett, Miller, Pollard, and Murphy, Charlotte, N.C., for plaintiffs.

Willie E. Poe, Fred T. Lowrance, David N. Allen, Parker, Poe, Thompson, Bernstein, Gage & Preston, H. Morris Caddell, Jr., Bailey, Patterson, Caddell and Bailey, Charlotte, N.C., for defendants.

ORDER

ROBERT D. POTTER, Chief Judge.

THIS MATTER was heard before the undersigned on March 25, 1986 in Charlotte, North Carolina on the Defendants' Motion to dismiss or stay this action; the Plaintiffs' Motion for class certification; the Motions of five former minority shareholders of Charlotte Motor Speedway, Inc. for intervention; the Defendants' Objections and Motion for a Protective Order as to the Plaintiffs...

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