MATTER OF SILVERMAN (HOE & CO.)


282 A.D. 252 (1953)

In the Matter of Samuel Silverman et al., Appellants-Respondents. R. Hoe & Co., Inc., Respondent-Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

June 11, 1953.


Attorney(s) appearing for the Case

Bernard S. Kanton of counsel (Maurice Fixel with him on the brief; Kanton & Fixel, attorneys), for Samuel Silverman and others, appellants-respondents.

Neil P. Cullom of counsel (Robert D. Cole and Stanford Schewel with him on the brief; Neil P. Cullom, attorney), for respondent-appellant.

George C. Baron of counsel (Frederick Doppelt with him on the brief; Booth, Baron & Doppelt, attorneys), for Elmer M. Wood and others, appellants-respondents.

PECK, P. J., GLENNON, DORE and BREITEL, JJ., concur.


COHN, J.

This is a proceeding brought under section 21 of the Stock Corporation Law (L. 1949, ch. 805, § 9; L. 1950, ch. 647, § 1, eff. July 1, 1950) for an appraisal of the value of 66,647 shares of the common stock of R. Hoe & Co., Inc. (hereafter called Hoe), a New York corporation. The owners of this stock dissented from a proposed plan of consolidation of Hoe with a wholly owned subsidiary,...

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