GELLER v. TRANSAMERICA CORPORATION

No. 322.

63 F.Supp. 248 (1945)

GELLER v. TRANSAMERICA CORPORATION.

District Court, D. Delaware.

September 5, 1945.


Attorney(s) appearing for the Case

Daniel O. Hastings (of Hastings, Stockly and Layton), and John VanBrunt, Jr., all of Wilmington, Del., for plaintiff.

Hugh M. Morris and Edwin D. Steel, Jr. (of Morris, Steel & Nichols), all of Wilmington, Del., for defendant.


LEAHY, District Judge.

Plaintiff, a minority stockholder of Axton-Fisher Tobacco Company, sued defendant, the majority stockholder, for damages resulting to plaintiff from the sale by him to defendant in November, 1942, of 240 shares of class A stock of Axton-Fisher, or, alternatively, by rescission of the sale. Defendant moved for summary judgment. Upon the pleadings and affidavits filed by the respective parties, the court rendered its opinion in favor of defendant...

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