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Million-Dollar Suit Against Argus Firm Dismissed In Detroit

Million-Dollar Suit Against Argus Firm Dismissed In Detroit image
Parent Issue
Ann Arbor News, December 10, 1951
Day
10
Month
December
Year
1951
Copyright
Copyright Protected
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Donated by the Ann Arbor News. © The Ann Arbor News.
OCR Text

Million-Dollar Suit
Against Argus Firm
Dismissed In Detroit

A two-year-old million-dollar
damage suit against Argus Cam-;
eras, Inc., and its directors was
dismissed by a Wayne county cir-
cuit judge over the week-end, it
was learned today.

Judge Thomas Maher <'!" ' d
the suit, brought by Loul
ton^a Detroit investment cu^n^i^r
and an Argus stockholder, with
prejudice, a legal term meaning
that the suit may not be started
again.

, Eston charged eight Argus offi-
cials with dissipating company!
funds and demanded $1,180,388 m\
damages. \

Judge Maher dismissed the suiti
on the ground that there was no!
i cause for action. His dismissal
'granted a motion made by Conlin,
IConlin & Parker, Ann Arbor law
'firm representing A. L. Ashby,
; Olivet College president; H. L. Fri-
singer, Ann Arbor contractor; and
Preston R. Bassett of New York,
' all Argus directors.