Unger v. Newlin Haines Co.

The opinion of the court was delivered by

KAtzenbach, J.

This is an appeal of Joseph Kahrs, and others, constituting the Newlin Haines Company Stockholders’ Pro*460tective Committee (hereinafter referred to as the committee) , from an order of the court of chancery, dated August 7th, 1922, which enjoins the committee from borrowing upon the shares of the capital stock of the Newlin Haines Company (hereinafter referred to as the company), deposited with-the committee by any stockholder who dissents from the use of the stock deposited by him for the purpose of carrying out the provisions of an…