Clayton v. James B. Clow & Sons

ROBSON, District Judge.

Plaintiffs, by Complaint filed June 27, 1955, 1 seek restitution of 91,200 shares of common stock of James B. Clow & Sons, a corporation, 2 as a part of the testamentary trust of the late Charles R. Clow, Sr. 3 These 91,200 4 shares were the result of numerous stock splits, 5 from the 2,850 shares which had been transferred to the Company by Charles, Sr.’s widow, Hattie 6 (trustee under the testamentary trust), in these four transactions :

1,250 shares at $25 on January 15, 1935 500 shares at $30 on December 24, 1935 600 shares at $50 on April 28, 1938 500 shares at $50…