PER CURIAM.
The articles of incorporation of the Timken-Detroit Axle Company of 1909 provided that "preferred stock may be redeemed at not less than par at a time and price hereby fixed and to be also expressed in stock certificate thereof." On the reverse side of the preferred stock certificates which the company issued in pursuance of this power, it reserved the privilege to redeem the whole or any part of the preferred stock on the payment of 110%, the reservation...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.