Insurer settles in Gardners’ bitter dispute.
Milwaukee Journal Sentinel
By Rick Romell
An insurance company will pay Northern Rail Car Corp. $68,000 to settle a claim arising from the alleged actions of former company president Daniel J. Gardner. The development comes amid a bitter dispute between Gardner and his father, William E. Gardner, who owned Northern and is chief executive and majority owner of the Wisconsin & Southern Railroad Co.
The Gardners are waging a legal battle in federal court. The son accuses his father of reneging on a deal to transfer ownership of Northern and a large piece of industrial real estate to him. The father denies there was such a deal, and he accuses his son of trying to take the company and the real estate by fraud. Read More