MATTER OF AVARD (ONEITA KNITTING MILLS)


5 Misc.2d 817 (1955)

In the Matter of Fred H. Avard et al., Petitioners. Oneita Knitting Mills, Respondent.

Supreme Court, Oneida County.

August 23, 1955.


Attorney(s) appearing for the Case

Milton D. Nelson for petitioners.

Thomas S. Kernan for respondent.


DONALD P. GORMAN, J.

The present proceeding under section 21 of the Stock Corporation Law was instituted by minority stockholders possessing 477 shares of the 5,932 outstanding shares of preferred stock, par value $100, and 5,674 shares of the 40,000 outstanding shares of common stock, par value $25, of the Oneita Knitting Mills for an order determining the value of their stock or for the appointment of an appraiser to determine its value.

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