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MATTER OF RUDEL (EBERHARD PENCIL CO.)

2 Misc.2d 957 (1955)

In the Matter of Thomas R. Rudel et al., Petitioners. Eberhard Faber Pencil Company, Inc., Respondent.

Supreme Court, Special Term, Kings County.

October 17, 1955.

Attorney(s) appearing for the Case

Saxe, Bacon, O'Shea & Bryan for petitioners.

Mebel & Sessa for respondent.

M. HENRY MARTUSCELLO, J.

This is an application by two owners of approximately one fourth of the outstanding stock of the respondent, Eberhard Faber Pencil Company, Inc., for an appraisal and recovery of the value of their stock pursuant to sections 20 and 21 of the Stock Corporation Law. Section 20 permits a corporation to sell its property, rights, privileges or franchises, or any interest therein, or any part...

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