Aldridge v. Franco-Wyoming Securities Corp.

Pearson, Vice-Chancellor:

The validity of the election of directors at the 1942 stockholders’ meeting depends upon whether the attempted voting of certain proxies was lawful. These proxies were signed by French shareholders who *83were residents of “occupied France”,1 mailed to respondent Waltman, and received by him in California, prior to the outbreak of the war between the United States and Germany on December 11, 1941. The proxies were not dated and did not designate the persons who should exercise the authority to vote. Waltman filled in the spaces for the date and names of proxy holders,…