Legal Opinion
Mencher v. Sachs
Court of Chancery of Delaware
Decided October 14, 1960PublishedCited by 14 opinions
1Opinion of the Court
Southerland, Chief Justice:
We take the following pertinent facts from the Chancellor’s opinion and Special Master’s report found in 150 A.2d 20.
On April 26, 1958, appellee Sachs, a stockholder of Seminole, filed a petition to compel the holding of a stockholders’ meeting, the management having failed to do so.
*368On July 20 the appellant Mencher, then President of Seminole, negotiated with Milestone Drilling Company a contract for the drilling of oil wells on Seminole’s property. Milestone was to receive, among other things 283,000 shares of the common stock of Seminole and a one-half interest in…
2Cases cited4 opinions
- Maurer v. International Re-Insurance Corp.Supreme Court of Delaware · 1953
- Perry v. Missouri-Kansas Pipe Line Co.Court of Chancery of Delaware · 1937
- Krinsky v. HelfandSupreme Court of Delaware · 1959
- Krinsky v. HelfandCourt of Chancery of Delaware · 1959
3Cited by14 opinions
- Merola v. Atlantic Richfield Co.Court of Appeals for the Third Circuit · 1975
- Casson v. Nationwide InsuranceSuperior Court of Delaware · 1982
- Fayette R. Barton, on Behalf of Himself and All Other Stockholders of Alabama By-Products Corporation, Inc. v. Drummond Company, a CorporationCourt of Appeals for the Fifth Circuit · 1981
- McDonnell Douglas Corporation v. PalleySupreme Court of Delaware · 1973
- Mencher v. SachsSupreme Court of Delaware · 1960
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