COTTRELL v. PAWCATUCK COMPANY


128 A.2d 225 (1957)

Helen E. COTTRELL, Plaintiff Below, Appellant, v. The PAWCATUCK COMPANY (formerly the C. B. Cottrell & Sons Company), a Delaware Corporation (known as the Old Company), Harris-Seybold Company, a Delaware Corporation, Donald C. Cottrell, Ridley Watts, Arthur M. Cottrell, Jr., Charles P. Cottrell, Jr., and The Cottrell Company, a Delaware Corporation (known as the New Company), Defendants Below, Appellees.

Supreme Court of Delaware.

Petition to Review Taxation of Costs Denied February 14, 1957.


Attorney(s) appearing for the Case

Douglas W. Troll and Andrew D. Christie, Wilmington, for appellant, and Helen E. Cottrell, pro se.

Henry M. Canby, of Richards, Layton & Finger, Wilmington, for appellees Pawcatuck Co., Donald C. Cottrell, Ridley Watts, Arthur M. Cottrell and Charles P. Cottrell, Jr.

Richard F. Corroon, of Berl, Potter & Anderson, Wilmington, and Paul J. Bickel, of Squire, Sanders & Dempsey, Cleveland, for appellees Harris-Seybold Co. and Cottrell Co.

SOUTHERLAND, C. J., and WOLCOTT and BRAMHALL, JJ., sitting.


Petition to Review Taxation of Costs Denied February 14, 1957. See 129 A.2d 263.

SOUTHERLAND, Chief Justice.

The essential question is whether the consideration received upon a sale of corporate assets was grossly inadequate.

Plaintiff, a substantial stockholder of the defendant, The Pawcatuck Company, formerly the C. B. Cottrell & Sons Company (herein referred to as ...

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