Allen v. Chase National Bank

Allen & Company instituted this special proceeding to compel an inspection of the list of voting trust certificate holders of Wickwire Spencer Steel Company (hereinafter referred to as “ Wickwire ”). David M. Palley brought a proceeding for similar relief and upon consent of all parties the two proceedings were consolidated. In 1937 Wickwire emerged from a reorganization proceeding in the United States District Court for the Western District of New York, under a plan which, among other things, required that the stock of the company be turned over to voting trustees. This was made necessary…