Legal Opinion
Davis v. Adirondack Industries, Inc.
New York Supreme Court
Decided May 28, 1969PublishedCited by 3 opinions
1Opinion of the CourtJohn R. Tenney, J.
Petitioner seeks an order pursuant to section 623 of the Business Corporation Law to determine the fair value of her stock in Adirondack Industries, Inc. by the court or by an appointed appraiser. Bespondent opposes the petition as being untimely brought. (CPLR 404, subd. [a].)
*1099On September 7, 1968, petitioner, the record owner of 1,000 shares of stock of Adirondack Industries, Inc., received notice of a proposed merger with Rowan Industries, Inc. On September 13 petitioner filed a written objection to the merger. The meeting was held on September 16 and on September 25 petitioner was advised…
2Cases cited6 opinions
- Matter of TimmisNew York Court of Appeals · 1910
- Anderson v. International Minerals & Chemical Corp.New York Court of Appeals · 1946
- Matter of McKinney (Bush Term. Bldgs. Co.)New York Court of Appeals · 1954
- In re KuninNew York Court of Appeals · 1954
- Wiedersum v. Transvision Electronics, Inc.New York Supreme Court · 1964
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3Cited by3 opinions
- Greco v. Tampa Wholesale Co.District Court of Appeal of Florida · 1982
- Schneyer v. Shenandoah Oil CorporationCourt of Chancery of Delaware · 1974
- In Re Determination Pursuant to Chapter 31, Article 1, Sections 122 & 123 of the Code of West Virginia of 1931, Amended, of Fair Value of Shares of Bank of RipleyWest Virginia Supreme Court · 1990