Becker v. National American Insurance

This is a statutory action by dissenting shareholders of a Nebraska stock insurance company for a finding and determination of the fair value of shares acquired by another corporation under the provisions of the Insurance Company Plan of Exchange Act. §§ 44-133.01 to 44-133.08, R. R. S. 1943. The District Court found that the fair value of the shares of defendant National American Insurance Company on November 8, 1973, did not exceed $1,139 per share, and dismissed plaintiffs’ petition.

In September 1973, the defendant, National American Insurance Company, a Nebraska corporation, began…