Laidley v. Heigho

LEVIN, District Judge.

This action is brought by the members of 'two Chicago stock brokerage firms, Hicks and Price, and George P. Vye & Company, against thirty-nine former shareholders of the Calvert Lithographing Company, a Michigan corporation. The complaint alleges that the defendants have, in violation of an oral contract, failed to pay a brokerage commission on the sale of the defendants’ stock to the stock brokerage house of Sills, Fairman and Harris, Inc.

Fifteen of the selling shareholders, including the principal shareholder, William S. Heigho, have not been served with process. Upon…