In Re Camden Trust Co.

The facts have been stipulated. On April 7th, 1938, at separate meetings duly called, the stockholders of the Camden Safe Deposit and Trust Company and the West Jersey Trust Company ratified an agreement of merger of the two companies under the name of Camden Trust Company, pursuant to the authority conferred by sections 17:4-80, et seq., Rev. Stat. 1937. Petitioner was a stockholder of the West Jersey Trust Company; and, at the meeting of the company’s stockholders, he “voted his twenty shares of stock against said merger.” He also voted in the negative on a motion to adopt a resolution…