Legal Opinion
General Investment Co. v. Bethlehem Steel Corp.
New Jersey Court of Chancery
Decided March 6, 1917PublishedCited by 13 opinions
On bill, &C.
1Opinion of the Court
Lane, Y. C.
(orally at conclusion of argument on motion for temporary injunction).
This is an application for a temporary injunction to restrain Bethlehem Steel Corporation from increasing its capital stock. *235The present capital stock is $30,000,000, divided one-half preferred and the other common, with equal voting rights. The plan is to increase the capital stock by $45,000,000, the additional to be called common, class B. Of this $30,000,000 is to be put out as a stock dividend; $15,000,000 is to be sold. The stock is to have all the characteristics of common except that it will have no vote.…
2Cases cited1 opinion
- Brooks v. StateSupreme Court of Delaware · 1911
3Cited by13 opinions
- Gallup v. CaldwellCourt of Appeals for the Third Circuit · 1941
- Zahn v. Transamerica CorporationCourt of Appeals for the Third Circuit · 1947
- Scott v. Anderson Newspapers, Inc.Indiana Court of Appeals · 1985
- Bookman v. R.J. Reynolds Tobacco Co.New Jersey Court of Chancery · 1946
- Standard Scale and Supply Corp. v. ChappelSupreme Court of Delaware · 1928
8 more not listed; retrieve them via the Exa API.