Schaefer v. United Bank & Trust Co.

JAMISON, J., pro tem.

This case was tried by the court without a jury, the court denying appellant’s request for a jury. Judgment was rendered in favor of respondents and from the judgment appellant has appealed.

In substance the facts are as follows: In the spring of 1927, two corporations, the United Bank and Trust Company of California and the French-American Bank were merged under the name of United Bank and Trust Company. At the time of this merger it was agreed by the stockholders of the two corporations first named that upon the surrender to the United Bank and Trust Company of the stock…