District Court, E.D. Arkansas November 10, 1983, No. J-C-80-220 (Mellman v. Southland Racing Corp.)

MEMORANDUM OPINION

WOODS, District Judge.

FINDINGS OF FACT

1. The named plaintiffs, Bernard Thorn and Gerald Mellman, reside in Denver, Colorado and operate an investment partnership which owned 120 shares of Southland Racing Corporation (SRC) at the time of a reverse stock split in mid-1980. The investment partnership had acquired the SRC stock in the late 1950s or early 1960s.

2.