Legal Opinion
In re Diamond State Brewery, Inc.
Court of Chancery of Delaware
Decided June 3, 1938PublishedCited by 9 opinions
1Opinion of the Court
The Chancellor:
The validity of the election of the directors who were declared elected and the title of whose offices is under challenge, depends on the right of Harry Wachtel to vote shares of Class B stock registered in his name on the books of the corporation. Class B stock is the only voting stock. There are two hundred thousand shares of Class B stock authorized, of which all but three hundred or four hundred shares are alleged by the petitioner to have been issued and outstanding. Class B stock has a par value of twenty-five cents per share.
The petition charges that 58,400 shares of the…
2Cases cited5 opinions
- Italo Petroleum Corp. of America v. Producers Oil Corp. of AmericaCourt of Chancery of Delaware · 1934
- Fleer v. Frank H. Fleer Corp.Court of Chancery of Delaware · 1924
- In re Canal Constuction Co.Court of Chancery of Delaware · 1936
- Standard Scale and Supply Corp. v. ChappelSupreme Court of Delaware · 1928
- Chappel v. Standard Scale & Supply Corp.Court of Chancery of Delaware · 1927
3Cited by9 opinions
- In re Giant Portland Cement Co.Court of Chancery of Delaware · 1941
- Western Air Lines, Inc. v. KerkorianSupreme Court of Delaware · 1969
- Kerkorian v. Western Air Lines, Inc.Court of Chancery of Delaware · 1969
- Viele v. DevaneyCourt of Chancery of Delaware · 1996
- State ex rel. Gentles v. BarnholtSupreme Court of Colorado · 1961
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