J. David Golub - Page 10




                                        - 10 -                                         

                    CONSIDER THIS LETTER TO BE THE FORMAL                              
               AUTHORIZATION YOU REQUEST.  ALL PRIOR LETTERS ARE                       
               INCORPORATED BY REFERENCE.  (YOUR STATEMENT ABOUT                       
               RESPONSIBILITY FOR ALLEGED PRESENT RECALCITRANCE IS                     
               IRRELEVANT).  I REINSTATE MY DEMAND FOR THE IMMEDIATE                   
               RELEASE OF ALL SEIZED MONIES IN THE KIDDER, PEABODY &                   
               CO., INC. BROKERAGE ACCOUNT.                                            
                    NOTHING IN THIS LETTER OF DEMAND IS TO BE                          
               CONSTRUED AS SETTLEMENT OF THIS LITIGATION IN ANY FORM,                 
               MANNER OR CONTEXT.                                                      
               Ms. Chervin, on behalf of Kidder Peabody, responded on                  
          November 22, 1991:                                                           
                    I understand your letter to constitute                             
               authorization by you that your account at Kidder,                       
               Peabody & Co. Incorporated, that is, account number 10U                 
               77727 193, be liquidated and that upon liquidation, the                 
               proceeds of the said account be delivered to you,                       
               mailed to the above address.                                            
                    We have begun to process the liquidation.                          
               Notwithstanding the District Court’s order that he submit               
          his claims against Kidder Peabody to arbitration, petitioner did             
          not do so.  He instead filed motions and interlocutory appeals               
          attempting to overcome the order to arbitrate.  On September 29,             
          1992, the District Court entered an order stating:  “Because this            
          action has been stayed pending that arbitration, plaintiff is                
          enjoined during that pendency from any further filings in this               
          Court.”                                                                      
               On February 8, 1993, the District Court denied an attempt by            
          petitioner to have the arbitration order certified and thus                  
          eligible for appeal.  Petitioner apparently sought an appeal of              






Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011