Legal Opinion
O'Connor Appeal
Supreme Court of Pennsylvania
Decided May 4, 1973No. Appeal, 442PublishedCited by 19 opinions
1Opinion of the Court
Opinion by
Me. Justice Eagen,
Appellant, Laura Watt O’Connor, is the owner of 813 shares of common stock of Watt & Shand, a Pennsylvania corporation, which operates department stores in Lancaster. At the corporation’s annual meeting on April 24, 1969, the majority shareholders amended the articles of incorporation to eliminate cumulative voting. Mrs. O’Connor dissented from the plan and in accordance with the Act of May 5, 1933, P. L. 364, §515, as amended, 15 P.S. §1515 1 demanded the fair value payment of her shares of stock.
Watt & Stand offered to pay appellant $93.46 per share which was…
2Cases cited11 opinions
- Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
- Borg v. International Silver Co.Court of Appeals for the Second Circuit · 1925
- Sporborg v. City Specialty Stores, Inc.Court of Chancery of Delaware · 1956
- Felder v. Anderson, Clayton & Co.Court of Chancery of Delaware · 1960
- Adams v. R. C. Williams & Co.Court of Chancery of Delaware · 1960
6 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- In Re Jones & Laughlin Steel Corp.Supreme Court of Pennsylvania · 1984
- Columbia Management Co. v. WyssCourt of Appeals of Oregon · 1988
- Schecter v. WatkinsSupreme Court of Pennsylvania · 1990
- Pioneer Commercial Funding Corp. v. American Financial Mortgage Corp.Superior Court of Pennsylvania · 2002
- In Re Glosser Bros., Inc.Supreme Court of Pennsylvania · 1989
14 more not listed; retrieve them via the Exa API.