Abercrombie v. Davies

Seitz, Chancellor:

Plaintiffs attack the validity of a so-called Agents’ Agreement dealing with the voting of certain stock of American Independent Oil Company (“American”), a Delaware corporation. Plaintiffs are stockholders of American but not parties to the agreement. Certain of the defendants are stockholders of American who signed the agreement and/or the agents of such stockholders. The defendants who are Delaware corporations have appeared. Certain non-resident defendants have moved for leave to enter a limited or special appearance and this is the decision thereon.

The moving defendants…