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LEVIN v. MIDLAND-ROSS CORPORATION

194 A.2d 853 (1963)

David LEVIN, Morris Segal and Doris S. Segal, Petitioners, v. MIDLAND-ROSS CORPORATION, an Ohio corporation, Respondent. William J. LYNCH, Petitioner, v. MIDLAND-ROSS CORPORATION, an Ohio corporation, Respondent.

Court of Chancery of Delaware, New Castle.

October 31, 1963.

Attorney(s) appearing for the Case

Samuel R. Russell, of Herrmann, Bayard, Brill & Russell, Wilmington, for petitioners David Levin, Morris Segal, Doris S. Segal and certain other claimants.

John J. De Luca and Joseph A. Julian, Jr., Wilmington, for petitioner William J. Lynch.

Aaron Finger, of Richards, Layton & Finger, Wilmington, and John B. Houck, of Jones, Day, Cockley & Reavis, Cleveland, Ohio, for respondent.

MARVEL, Vice Chancellor.

Following the filing of the Court's opinion of August 30 fixing a value for dissenters' stock in the merger of Industrial Rayon Corporation into the Midland-Ross Corporation (Del., 194 A.2d 50), thirteen represented claimants holding approximately 3,000 shares of Industrial Rayon filed petitions which seek orders requiring the holders of some 1,350 other dissenting shares who were not represented by counsel...

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