- 10 -
Stone, and Mr. Brausch from taking certain actions as trustees of
the trusts. On April 28, 1992, the Probate Court granted that
motion.
Around May 7, 1992, Stone Manufacturing filed a motion to
intervene in the litigation among the children. By order dated
June 18, 1992, the Probate Court made Stone Manufacturing a party
in that litigation.
On a date not disclosed by the record between April 28 and
July 22, 1992, Stones, Inc., became a party in the litigation
among the children.
On July 22, 1992, Ms. Morris, Ms. Fraser, and their respec-
tive children filed in the Probate Court what was identified as
an amended complaint (amended complaint). The amended complaint
sought, inter alia, to enjoin Eugene Earle Stone, IV, C. Rivers
Stone, and Mr. Brausch, as trustees of the trusts, from, inter
alia, purchasing from Umbro the right to distribute Umbro’s
products internationally. As grounds for granting such an
injunction, the amended complaint alleged that any such purchase
would necessitate the incurrence of considerable debt by Stone
Manufacturing and delay the payment to the trusts of any divi-
dends from the Company.
On September 13, 1993, C. Rivers Stone filed a petition in
the Probate Court (C. Rivers Stone’s petition). C. Rivers
Stone’s petition alleged in part as follows:
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