Loew's Theatres, Inc. v. Commercial Credit Company

DUFFY, Chancellor:

This is an action in which plaintiff, Loew’s Theatres, Inc., a New York corporation (“Loew’s”), seeks an order under 8 Del.C. § 220 permitting it to inspect the stock ledger and a list of stockholders of defendant, Commercial Credit Company (“Commercial Credit”), a Delaware corporation.

Loew’s is the holder of record of 100 shares of Commercial Credit’s common stock and claims to be the beneficial owner of 1,000,700 shares. Commercial Credit has about 10,533,628 shares outstanding. Loew’s made demand for inspection, which was refused by Commercial Credit on May 9, 1968; this…