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SUSSEX TRUST CO. v. PIERCE

71 A.2d 701 (1950)

SUSSEX TRUST CO. v. PIERCE et al.

Court of Chancery of Delaware, Sussex.

February 20, 1950.

Attorney(s) appearing for the Case

James M. Tunnell, Jr., of the firm of Tunnell & Tunnell, of Georgetown, for plaintiff.

Frederick P. Whitney, of Georgetown, for defendant Samuel C. Pierce, Sr.

David S. Keil, of the firm of Keil & Keil, of Wilmington, for defendant Cape Henlopen Surf Club.

SEITZ, Vice-Chancellor.

This is an action by an executor seeking to have the estate declared the real owner of stock held in the name of another person.

The defendant, Cape Henlopen Surf Club (hereinafter called the "corporate defendant" or the "corporation") was incorporated in Delaware in 1939. It leased certain land from the town of Lewes and placed a building thereon. It was necessary to revive another corporation known as Belle Haven Surf Club in order...

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