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IN RE APPLICATION FOR A DISSOLUTION OF EVENING JOURNAL ASSOCIATION

7 N.J. Super. 360 (1950)

71 A.2d 158

IN THE MATTER OF THE APPLICATION FOR A DISSOLUTION OF THE EVENING JOURNAL ASSOCIATION, A CORPORATION OF THE STATE OF NEW JERSEY. POST-STANDARD COMPANY ET AL., PLAINTIFFS, v. THE EVENING JOURNAL ASSOCIATION ET AL., DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided January 23, 1950.

Attorney(s) appearing for the Case

Messrs. O'Mara, Conway & Schumann, for the plaintiffs, by Mr. J. Edward O'Mara and Mr. Joseph A. Davis.

Mr. John D. McMaster, for defendant Evening Journal Association.

Messrs. Carpenter, Gilmour & Dwyer, for defendants Dear Publication & Radio, Inc., Messrs. J. Albert Dear and Cyrene B. Dear, by Mr. James D. Carpenter, Jr., and Mr. Samuel M. Coombs.

STANTON, J.S.C.

This action was brought by plaintiffs in the former Court of Chancery for the dissolution of Evening Journal Association, publisher of a newspaper known as the Jersey Journal, pursuant to what is sometimes called the Deadlocked Corporation Statute, R.S. 14:13-15. The association and the holders of one half of its stock have filed counterclaims in which it is alleged that while plaintiffs are holders of record of one-half of the issued stock...

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