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GAMMEL v. CANDLER-HILL CORP.

No. 30, 1953.

103 A.2d 228 (1954)

GAMMEL v. CANDLER-HILL CORP. et al.

Supreme Court of Delaware.

March 12, 1954.

Attorney(s) appearing for the Case

William H. Foulk and Edward W. Cooch, Jr., Wilmington, for appellant.

Richard F. Corroon (of Berl, Potter & Anderson), Wilmington, for appellees.

SOUTHERLAND, Chief Justice, TUNNELL, Justice, and CAREY, Judge, sitting.

TUNNELL, Justice.

Candler-Hill Corporation, a corporation of the State of Michigan, brought suit in the Delaware Court of Chancery against its president, Jack R. Gammel, seeking immediate sequestration and ultimate recovery of certain shares of common stock of Seminole Oil and Gas Corporation. The complaint alleged that the stock in question had been owned by Candler-Hill, but that, without the authority or even the knowledge of the Candler-Hill board of directors...

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