Meade v. Pacific Gamble Robinson Co.

Seitz, Vice-Chancellor:

This court must determine whether a dissenting stockholder, whose shares were appraised under Section 61 of our General Corporation Law (Rev. Code 1935, § 2093, as amended by 43 Del. Laws, c. 132, § 16), as it existed prior to the 1943 amendments (44 Del. Laws, c. 125, § 6), is entitled to interest on the appraised value from the effective date of the merger, or from some subsequent date. The question of assessing and apportioning costs is also involved.

Practically all the facts were made the subject of a stipulation, although a few additional facts were adduced at the…