District Court, S.D. New York January 10, 1968, No. 66 Civ. 1905 (Zorn v. Anderson)

MANSFIELD, District Judge.

This is a suit by a shareholder of The Exchange Fund of Boston, Inc. (“Exchange Fund” herein), a mutual fund commonly referred to as a “swap fund” which is registered as an investment company under the Investment Company Act of 1940, against various of its directors and Vance, Sanders & Company, Inc.