Tweedy, Browne & Knapp v. Cambridge Fund, Inc.

BROWN, Vice Chancellor.

Plaintiff, Tweedy, Browne & Knapp, (hereafter “TBK”) a limited partnership, has moved for judgment on the pleadings against the Defendant, The Cambridge Fund, Inc., a Delaware corporation (hereafter “Cambridge”). The complaint is filed pursuant to 8 Del.C. § 211(c) to have this Court order the holding of a meeting of the shareholders of Cambridge for the purpose of electing directors and for the transaction of such other business as may properly come before the meeting. The above statute provides, in pertinent part, as follows:

“If there be a failure to hold the annual…