Williams v. Renshaw

This action was brought to restrain the respondent, Federal Signal Company, its officers, agents', servants and employees, and the individual respondents, their agents, servants and employees, from making any distribution of the assets of the Federal Signal Company in accordance with any plan by which the appellants,, owners of second preferred stock, were deprived of or prevented from receiving the share which they would receive by reason of such ownership on a basis of second preferred stock, receiving on a distribution of the assets of the corporation par value for the shares of the said…