Jeffrey v. American Screw Company

This petition in equity was brought in the superior court for the appointment of an appraiser under G. L. 1956, §7-5-12, to establish the full and fair value of the shares of stock of the respondent corporation owned by dissenting stockholders thereof pursuant to the pertinent provisions of §7-5-13. From the- appraiser’s report fixing the value thereof at $60 per share the petitioners excepted, and after a hearing the superior court entered a decree establishing the full and fair value of each share of the respondent’s stock held by the petitioners at $68.75. From that decree the respondent…