IN RE PATERSON & HUDSON RIVER R. CO.


11 N.J. 403 (1953)

94 A.2d 657

IN THE MATTER OF THE SALE OF THE PROPERTY OF THE PRESIDENT AND DIRECTORS OF THE PATERSON AND HUDSON RIVER RAILROAD COMPANY TO THE ERIE RAILROAD COMPANY. MARTHA K. VAN RIPER, APPELLANT, v. THE PRESIDENT AND DIRECTORS OF THE PATERSON AND HUDSON RIVER RAILROAD COMPANY, RESPONDENT.

The Supreme Court of New Jersey.

Argued January 19, 1953.

Decided February 9, 1953.


Attorney(s) appearing for the Case

Mr. Ervan F. Kushner argued the cause for the appellant (Messrs. Kreamer & Kreamer, attorneys).

Mr. Duane E. Minard argued the cause for the respondent (Messrs. Minard, Cooper, Gaffey & Webb, attorneys).


The opinion of the court was delivered by BURLING, J.

This is an appeal by Martha K. Van Riper, hereinafter referred to as the appellant, from an order of the Superior Court, Law Division, confirming a report of appraisers filed in that court in proceedings instituted by The President and Directors of the Paterson and Hudson River Railroad Company, a New Jersey corporation (hereinafter referred to as the respondent) to determine the "full market value of * * * stock...

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