Legal Opinion

Graham v. Commercial Credit Co.

Court of Chancery of Delaware

Decided May 21, 1964PublishedCited by 7 opinions

1Opinion of the Court

Wolcott, Justice:

This is an appeal from an order of the Vice Chancellor refusing to compel the issuance of stock certificates.

The appellant is a stockholder and director of Commercial Credit. He was the owner of 11,600 shares and as the result of a stock split became entitled to certificates for an additional 11,600 shares. The additional shares had a market value at the time in excess of $500,000.

Commercial Credit’s transfer agent following its usual custom sent the appellant certificates for 11,600 shares by registered mail properly addressed to him but not requiring his personal signature…

2Cases cited5 opinions

  1. Mulco Products, Inc. v. BlackSupreme Court of Delaware · 1956
  2. Petition of Mulco ProductsSuperior Court of Delaware · 1956
  3. Smith v. Universal Service Motors Co.Court of Chancery of Delaware · 1929
  4. Catto v. PlantSupreme Court of Connecticut · 1927
  5. Jack v. Belin's EstateSuperior Court of Pennsylvania · 1942

3Cited by7 opinions

  1. Cabintaxi Corporation, Formerly Known as Automated Transit, Incorporated, and Robert Edler, "Tax Matters Person," v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1995
  2. López Figueroa v. ValdésSupreme Court of Puerto Rico · 1967
  3. Tisch Family Foundation, Inc. v. Texas National Petroleum Co.District Court, D. Delaware · 1971
  4. Scott v. Ametek, Inc.Court of Chancery of Delaware · 1971
  5. Graham v. Commercial Credit CompanySupreme Court of Delaware · 1964

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