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AMERICAN HARDWARE CORP. v. SAVAGE ARMS CORP.

136 A.2d 690 (1957)

The AMERICAN HARDWARE CORPORATION, a Connecticut corporation, and B. S. F. Company, a Delaware corporation, Plaintiffs-Appellants, v. SAVAGE ARMS CORPORATION, a Delaware corporation, Defendant-Appellee.

Supreme Court of Delaware.

December 10, 1957.

Attorney(s) appearing for the Case

S. Samuel Arsht (of Morris, Steel, Nichols & Arsht), Wilmington, for appellants.

Aaron Finger (of Richards, Layton & Finger), Wilmington, and Edward K. Bachman (of Kelley, Drye, Newhall & Maginnes), New York City, for appellee.

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

SOUTHERLAND, Chief Justice.

Plaintiffs are stockholders of the defendant, Savage Arms Corporation, a Delaware corporation. They sought in the court below to restrain Savage from transacting any business at a meeting of stockholders of Savage called for November 15, 1957, except to adjourn it to a date to be fixed by the court. The Chancellor denied relief. Del.Ch., 135 A.2d 725. He also refused to issue an injunction pending appeal...

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