Oppenheimer v. Cassidy

Mr. Presiding Justice Burke

delivered the opinion of the court.

Dickinson Industrial Site, Inc., was organized as a corporation under the laws of Illinois pursuant to a reorganization plan approved in the United States District Court for the Northern District of Illinois. Under the plan title to all assets remained in the corporation and 19,180 shares of stock were issued under a voting trust dated March 14, 1938, and terminating March 14, 1948. Walter A. Wade, Herbert E. Hillebrecht and Benjamin Wham were appointed voting trustees. On January 2, 1948, and following, the voting trustees…