Jones v. Healy
New York Supreme Court
1Opinion of the CourtPeck, J.
This is an action by shareholders of the Adams Express Company, a joint-stock association, to set aside an appraisal of their stock, made in June, 1944, upon their dis*926senting from an amendment to the articles of association extending the life of the company from July 1, 1948, to July 1, 1998.
The articles of association provide that shareholders dissenting from any amendment 'shall be entitled to receive the “ true cash value ” of their shares at that time, as assessed by the president, secretary and treasurer of the company. These officers made an appraisal of the value of the shares as of…
2Cases cited12 opinions
- Chicago Corp. v. MundsCourt of Chancery of Delaware · 1934
- Borg v. International Silver Co.Court of Appeals for the Second Circuit · 1925
- Matter of FultonNew York Court of Appeals · 1931
- Hibbs v. . BrownNew York Court of Appeals · 1907
- People Ex Rel. Winchester v. . ColemanNew York Court of Appeals · 1892
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3Cited by10 opinions
- In Re the General Realty & Utilities Corp.Court of Chancery of Delaware · 1947
- Atlantic States Construction, Inc. v. BeaversCourt of Appeals of Georgia · 1984
- In Re Valuation of Common Stock of Libby, McNeill & LibbySupreme Judicial Court of Maine · 1979
- Florence W. Mason and Willard M. Mason v. American Express Company and Howard L. Clark, as President of American Express CompanyCourt of Appeals for the Second Circuit · 1964
- Jones v. HealyNew York Supreme Court · 1945
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