Efron v. Kalmanovitz

The plaintiffs have appealed from a judgment in favor of the defendants in a stockholders’ derivative suit wherein minority stockholders challenged the propriety of the sale of assets of the Maier Brewing Company, a corporation, to S & P Company, a corporation. The plaintiffs have also appealed from orders of the trial court with respect to costs claimed by the defendants.

At the time of the pretrial conference the parties were in agreement as to most of the pertinent facts. Such agreement was embodied in the ensuing order and portions thereof will be noted herein. Maier Brewing Company,…