Legal Opinion

Hegeman v. Atlantic Rubber Shoe Co.

New Jersey Court of Chancery

Decided July 10, 1907Published

On motion for the appointment of a receiver for the Atlantic Eubber Shoe Company. On bill, answer and affidavits.

1Opinion of the Court

Howell, Y. C.

The bill in this ease is filed by a stockholder of the Atlantic Eubber Shoe Company, who sues on behalf of himself and all other stockholders who are similarly situated; he prays for the *296appointment of a receiver for that corporation which is now being dissolved by the stockholders in accordance with the provisions of section 31 of the Corporation act of 1896.

On April 8th, 1907, the board of directors adopted a resolution in the usual form declaring that it was advisable that the corporation should be dissolved, and calling a meeting of the stockholders to consider the same,…

2Cases cited1 opinion

  1. In re the Application for a Voluntary Dissolution of the Dolgeville Electric Light & Power Co.New York Court of Appeals · 1899

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