Legal Opinion
Bailey v. Tubize Rayon Corporation
District Court, D. Delaware
Decided July 31, 1944No. Civil Action 351PublishedCited by 4 opinions
1Opinion of the Court
LEAHY, District Judge.
Holders of an aggregate of 1137 shares of Non-Cumulative Class A $1 seek to en join the defendant from enforcing as to them an amendment to defendant’s certificate of incorporation, adopted under Sec. 26 of the Delaware Corporation Law, Rev. Code 1935, § 2058, as amended by 43 Del. Laws, c. 132, § 5, which changed its Class A and Common stock into a single class of new common stock. The present action was commenced after the amendment had become effective. No temporary injunction was sought. The matter is here on pleadings, testimony and oral argument.
Plaintiffs’ action…
2Cases cited16 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
- Cole v. National Cash Credit Ass'nCourt of Chancery of Delaware · 1931
- Geller v. Transamerica CorporationDistrict Court, D. Delaware · 1943
- Porges v. Vadsco Sales Corp.Court of Chancery of Delaware · 1943
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3Cited by4 opinions
- Manacher v. ReynoldsCourt of Chancery of Delaware · 1960
- Manacher v. ReynoldsCourt of Chancery of Delaware · 1960
- Williams v. GeierSupreme Court of Delaware · 1996
- Williams v. GeierSupreme Court of Delaware · 1996