Legal Opinion
In re Rudel
New York Supreme Court
Decided October 17, 1955PublishedCited by 1 opinion
1Opinion of the CourtM. Henry Martuscello, J.
This is an application by two owners of approximately one fourth of the outstanding stock of the respondent, Eberhard Faber Pencil Company, Inc., for an appraisal and recovery of the value of their stock pursuant to sections 20 and 21 of the Stock Corporation Law. Section 20 permits a corporation to sell its property, rights, privileges or franchises, or any interest therein, or any part thereof, upon the consent of the holders of two thirds of its outstanding shares; and section 21 provides for the appraisal of the value of the shares of the dissenting stockholders who do not elect to…
2Cases cited7 opinions
- Matter of TimmisNew York Court of Appeals · 1910
- Matter of Miglietta (2660 Broadway Corp.)New York Court of Appeals · 1942
- In re LeventallAppellate Division of the Supreme Court of the State of New York · 1934
- Epstein v. GosseenAppellate Division of the Supreme Court of the State of New York · 1932
- Wattley v. National Drug Stores Corp.New York Supreme Court · 1924
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3Cited by1 opinion
- Dukas v. Davis Aircraft Products Co.Appellate Division of the Supreme Court of the State of New York · 1987