Willoughby v. Port

DIMOCK, District Judge.

This is a motion by two of a five-man board of directors of Great Sweet Grass Oils Limited, a Canadian corporation, for a preliminary injunction against the voting of proxies alleged to have been obtained by fraud from the stockholders. It is charged that a letter soliciting the proxies contained misstatements as to the attitude of Mr. George Brussel, American counsel for the corporation. Mr. Brussel had written a letter dated February 12, 1960, to Mr. James H. R. Cromwell, the president of the corporation, respecting a proposed financing arrangement with Mr. Nicholas…