Cook v. Dunbar

This is a bill in equity brought to have an account taken of the entire assets of a particular corporation so that the correct value of its stock may be arrived at, arbitration for this purpose as provided for in a certain contract having failed.

After a demurrer to the bill had been overruled by a justice of the superior court, the cause was heard at length upon its merits in such court, and a final decree was entered by the trial justice fixing the value of the entire assets of said corporation at $210,000, and ordering the respondents to pay one-third of such amount, viz., $70,000, to the…