FARRIS v. GLEN ALDEN CORP.


393 Pa. 427 (1958)

Farris v. Glen Alden Corporation, Appellant.

Supreme Court of Pennsylvania.

June 30, 1958.


Attorney(s) appearing for the Case

Arthur Littleton, with him Franklin B. Gelder, J. Julius Levy, W. James MacIntosh, and Morgan, Lewis & Bockius, for appellants.

Henry Thalenfeld, with him Michael H. Sheridan, for appellee.

John Mulford, Chairman, and William P. Hackney and Carroll R. Wetzel, filed a brief for Committee on Corporation Law of Pennsylvania Bar Association, amicus curiae, pursuant to Rule 46.

Before JONES C.J., BELL, MUSMANNO, ARNOLD, JONES and COHEN, JJ.


OPINION BY MR. JUSTICE COHEN, June 30, 1958:

We are required to determine on this appeal whether, as a result of a "Reorganization Agreement" executed by the officers of Glen Alden Corporation and List Industries Corporation, and approved by the shareholders of the former company, the rights and remedies of a dissenting shareholder accrue to the plaintiff.

Glen Alden is a Pennsylvania corporation engaged principally in the mining of anthracite coal and lately...

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