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WYLES v. CAMPBELL

Civil Action No. 1014.

77 F.Supp. 343 (1948)

WYLES v. CAMPBELL et al.

District Court, D. Delaware.

March 31, 1948.

Attorney(s) appearing for the Case

Arthur G. Logan, of Logan, Duffy & Boggs, all of Wilmington, Del., for plaintiff.

Caleb S. Layton, of Richards, Layton & Finger, all of Wilmington, Del., and Everett I. Willis, of Root, Ballantine, Harlan, Bushby & Palmer, all of New York City, for defendants.

RODNEY, District Judge.

This is a stockholder's derivative suit filed by the plaintiff, a stockholder of The Valspar Corporation, seeking to cancel and invalidate some 26,000 shares of common stock of such corporate defendant issued by it to the individual defendant. Jurisdiction is based upon diversity of citizenship.

The complaint alleges that the plaintiff is the owner of 1213 shares of common stock of Valspar...

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