Legal Opinion
Felder v. Anderson, Clayton & Co.
Court of Chancery of Delaware
Decided February 2, 1960PublishedCited by 18 opinions
1Opinion of the Court
Seitz, Chancellor:
This is the decision on stockholders’ exceptions to the appraiser’s report fixing the value of shares of stock held by stockholders dissenting from a merger. The surviving corporation filed no exceptions. The two stockholders entitled to an appraisal were shareholders of Southland Cotton Oil Company (“Southland”) which was merged into Anderson, Clayton & Company (“Anderson-Clayton”) on July 31, 1955. These stockholders held 636 and a fractian out of a total of 12,368 outstanding shares. The delay in bringing the matter to final decision appears to. have been the…
2Cases cited13 opinions
- Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
- Gulf, Colorado & Santa Fe Railway Co. v. MoserSupreme Court of the United States · 1927
- Chicago Corp. v. MundsCourt of Chancery of Delaware · 1934
- Speed v. Transamerica CorporationDistrict Court, D. Delaware · 1955
- Sporborg v. City Specialty Stores, Inc.Court of Chancery of Delaware · 1956
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3Cited by18 opinions
- David J. Greene & Co. v. Dunhill International, Inc.Court of Chancery of Delaware · 1968
- Lynch v. Vickers Energy Corp.Supreme Court of Delaware · 1981
- Blasingame v. American Materials, Inc.Tennessee Supreme Court · 1983
- Piemonte v. New Boston Garden Corp.Massachusetts Supreme Judicial Court · 1979
- Universal City Studios, Inc. v. Francis I. duPont & Co.Supreme Court of Delaware · 1975
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