Pitts v. Halifax Country Club, Inc.

This action was commenced in 1971 by a shareholder of the defendant corporation (Halifax) for the purpose of unraveling a 1969 merger of Halifax and two other corporations or to exercise appraisal rights for the plaintiff’s shares of stock in Halifax. The case followed a laborious and procedurally anomalous course in the Superior Court. It comes before us on a master’s report, a report of evidence, and independent findings made by a judge from the reported evidence. 2 Although the master’s report was never in so many words adopted by the judge, he did expressly (and properly) overrule the…