Smith v. Biggs Boiler Works Co.

91 A.2d 193 (1952)

SMITH

v.

BIGGS BOILER WORKS CO. et al.

Civ. A. No. 239.

Court of Chancery of Delaware.

September 3, 1952.

David Snellenberg, II, and John Van Brunt, Jr., of the firm of Killoran & Van Brunt, Wilmington, for plaintiff.

William E. Taylor, Jr., Wilmington, for defendants.

BRAMHALL, Vice-Chancellor.

Plaintiff and defendant Krizanek were each the holder of 50% of the outstanding common stock of The Biggs Boiler Works Company, a Delaware corporation. Subsequently Krizanek transferred a one-sixth interest to a third party. Plaintiff is a resident of the State of Connecticut; the individual…