In re Francis
Superior Court of Delaware
Nathaniel L. Francis preferred a petition to the court for an order requiring the Elliott-Fisher Company to show cause why it should not issue a new certificate of stock in place of one lost, averring in said petition: The petitioner is informed by the secretary of the said corporation, Charles L. De Gaugue, that the market value of the common stock of the Elliott-Fisher Company is about twelve dollars a share, although sales are very infrequent and said stock has never paid…
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Nathaniel L. Francis preferred a petition to the court for an order requiring the Elliott-Fisher Company to show cause why it should not issue a new certificate of stock in place of one lost, averring in said petition: The petitioner is informed by the secretary of the said corporation, Charles L. De Gaugue, that the market value of the common stock of the Elliott-Fisher Company is about twelve dollars a share, although sales are very infrequent and said stock has never paid a dividend. Nathaniel L. Francis was sworn as a witness and testified to the facts contained in the petition. And now,…
1Opinion of the Court
Corporations—Issuance of new stock certificate to replace one LOST ON FILING BOND.
On an application by a stockholder to require a corporation to issue a new certificate of stock in lieu of a lost certificate, held, that the corporation should issue a new certificate on applicant’s filing a bond conditioned to indemnify any person who shall hereafter appear to be the lawful owner of the stock.
In the matter of the application of Nathaniel L. Francis for an order requiring the Elliott-Fisher Company to show cause why it should not issue a new certificate of stock in place of one lost. New…
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