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COHN v. CITIES SERVICE CO.

No. 63.

45 F.2d 687 (1930)

COHN v. CITIES SERVICE CO.

Circuit Court of Appeals, Second Circuit.

December 8, 1930.

Attorney(s) appearing for the Case

Harold R. Seamans and Joseph & Zeamans, all of New York City, for appellant.

Frueauff, Robinson & Sloan, of New York City (John W. Davis and Edgar G. Crossman, both of New York City, of counsel), for appellee.

Before L. HAND, SWAN, and CHASE, Circuit Judges.

PER CURIAM.

On October 10, 1929, the defendant, a Delaware company, made to those common shareholders who should be of record on its books on November 7th, an offer of the "right" to subscribe on or before November 30th for one share of new stock for every 10 shares held by them, at $45 a share; the usual "warrants" to be issued on November 7th. The defendant had issued a series of debenture bonds, to each of which was attached a "purchase warrant," authorizing the...

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