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BRESNICK v. FRANKLIN CAPITAL CORP.

6 N.J. Super. 579 (1949)

70 A.2d 524

CARL BRESNICK AND PAULINE S. BRESNICK, PARTNERS, TRADING AS BRESNICK & CO., PLAINTIFFS, v. FRANKLIN CAPITAL CORPORATION, A CORPORATION OF NEW JERSEY, ET AL., DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided December 22, 1949.

Attorney(s) appearing for the Case

Messrs. Applegate, Foster, Reussille, Cornwell & Green (Mr. Harry Green) for the plaintiffs.

Mr. Elmer O. Goodwin for the defendants Franklin Capital Corporation, Franklin Mortgage and Title Insurance Company, Clifford F. MacEvoy, Jesse L. Conger and pro se.

Messrs. Milton M. Unger and Adrian M. Unger (Mr. Milton M. Unger) for the defendants Franklin Washington Trust Company and Stanley J. Marek.

FREUND, J.S.C.

The plaintiffs, stockholders in the Franklin Capital Corporation, filed their complaint in a class action to declare void and to enjoin the execution of certain proposed transactions hereinafter outlined between the Franklin Capital Corporation, Franklin Mortgage and Title Insurance Company and Franklin Washington Trust Company. The defendants have filed answers and depositions have been taken. Additionally, a petition has been filed on behalf of seventy...

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