AUSTIN ET AL. v. CITY STORES COMPANY (NO. 2)


89 Pa. D. & C. 75 (1954)

Austin et al. v. City Stores Company (No. 2)

Common Pleas Court of Philadelphia County, Pennsylvania.

April 8, 1954.


Attorney(s) appearing for the Case

Edmonds, Obermayer & Rebmann, for plaintiffs.

Sundheim, Folz, Kamsler & Goodis, for defendants.


ALESSANDRONI, J., April 8, 1954.

Petitioners have filed a petition and rule for the allowance of interest on the award of the appraisers of the dissenting shares of Lit Brothers. Lit Brothers merged into City Stores, effective March 31, 1951. The dissenting shareholders then proceeded under the provisions of section 908 of the Business Corporation Law of May 5, 1933, P.L. 364, as amended, 15 PS § 2852-908. This section provides for the appointment of appraisers...

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