Legal Opinion

Sobel v. Whittier Corp.

Court of Appeals for the Sixth Circuit

Decided April 7, 1952No. 11390_1PublishedCited by 26 opinions

1Opinion of the Court

McALLISTER, Circuit Judge.

On September 13, 1950, the Whittier Corporation entered into a merger agreement with the Detroit Housing Corporation of Michigan. The agreement included a proposed sale by the Whittier Corporation of 15,824.89 shares of its stock to the Detroit Housing Corporation of Michigan at $81 per share. The latter company was to finance the purchase through loans in the amount of approximately $1,300,000, to be secured by pledging the shares in question as collateral. On November 16, 1950, the Whittier Corporation sent notice of a special meeting of shareholders, to be held…

2Cases cited3 opinions

  1. Hyams v. Calumet & Hecla Mining Co.Court of Appeals for the Sixth Circuit · 1915
  2. Howard v. WilburCourt of Appeals for the Sixth Circuit · 1948
  3. Sobel v. Whittier Corp.District Court, E.D. Michigan · 1951

3Cited by26 opinions

  1. In the Matter of Combined Metals Reduction Company, Debtor (Ten Cases). Irving Bennett v. Paul Gemmill, Trustee, (Four Cases). Irving Bennett v. W. Lamonte Robison, Trustee, (Four Cases). Irving Bennett v. Paul Gemmill, Trustee, Jeremiah Milbank, and Milbank & Co., Irving Bennett, Entrada Industries, Inc. (Wasatch Chemical Division), Charles A. Steen, Individually, Charles A. Steen, as Custodian for His Sons and Heirs, and Charles A. Steen on Behalf of the Steen Foundation v. Paul Gemmill, TrusteeCourt of Appeals for the Ninth Circuit · 1977
  2. Boyce v. WilliamsTennessee Supreme Court · 1965
  3. Industrial Bank of Washington, a Corporation v. Walter N. Tobriner, Commissioners of the District of Columbia, and Theodore J. ScheveCourt of Appeals for the D.C. Circuit · 1968
  4. Federal Trade Commission v. Weyerhaeuser CompanyCourt of Appeals for the D.C. Circuit · 1981
  5. Hazzard v. Westview Golf Club, Inc.Supreme Judicial Court of Maine · 1966

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