Norris Tool & MacHine Co. v. Rosenlund

Opinion by

Mr. Justice Jones,

Norris Tool and Machine Co. filed its bill in equity, seeking, in the alternative, (1) to restrain the defendant, the Mutual Fire Insurance Company of Germantown (hereinafter referred to as Mutual), from issuing certain shares of stock to defendant Arthur O. Rosenlund, (2) to prohibit the negotiation or encumbering of the particular shares by Rosenlund to anyone except the plaintiff corporation and (3) to compel the transfer of the shares in controversy by Rosenlund to the plaintiff upon payment by the latter to Rosenlund of such moneys as he may have paid Mutual…