Gazan v. Vadsco Sales Corporation

MOSCOWITZ, District Judge.

This is a motion made by the defendant Vadsco Sales Corporation for an additional allowance of costs toward the payment of counsel fees incurred by it.

This is an action in equity by a stockholder, holding 200 shares of common stock out of 1,017,375 shares outstanding, charging fraud and mismanagement of the Vadsco Sales Corporation.

The plaintiff requests an injunction and the appointment of a receiver, and the usual relief asked for by stockholders in such actions.

The plaintiff testified that he had never read the complaint, did not know what it contained, and was…