E. I. Du Pont De Nemours & Co. v. Pathe Film Corp.

COXE, District Judge.

The plaintiff and the defendant are the sole stockholders of Du Pont Film Manufacturing Corporation (hereinafter referred *851to as "Du Pont Film”). There are ten thousand shares of common stock of this company outstanding, of which the plaintiff owns sixty-five hundred shares, and the defendant the remaining thirty-five hundred shares. The defendant is about to effect a dissolution and distribution of its assets among its stockholders. In this dissolution, it is proposed to transfer the thirty-five hundred shares of Du Pont Film to a banking institution, which, in turn, will…