Jackson v. Maguire

Essentially this is an appeal by minority stockholders of a complex of corporations operating in the telephone communications business on behalf, generally, of all stockholders to secure, in two basic instances, additional consideration for their corporate interest. One major attempt deals with the alleged additional rights of former owners of stock of the Central California Telephone Company; the second claim is urged on behalf of stock owners in Central Western Company as against the directors and owners of the majority stock of the telephone company on the theory that such persons were…