Pelcak v. Bartos

Mr. Presiding Justice Friend

delivered the opinion of the court.

In this proceeding an individual member and an incorporated fraternal insurance society charged that a conspiracy existed between 18 members constituting an executive committee, and various bondhouses, whereby the purchase and sale of securities by the society resulted in private gains to the defendants. In the course of the proceedings all the defendants were dismissed except Vaclav Cipra, one of the directors, and M. B. Vick & Co., one of the bondhouses. The case was then referred to a master in chancery, who later was appointed…