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ORZECK v. ENGLEHART

192 A.2d 36 (1963)

Frances ORZECK, Plaintiff, v. Otto T. ENGLEHART et al., Defendants.

Court of Chancery of Delaware, New Castle.

June 12, 1963.

Attorney(s) appearing for the Case

William E. Taylor, Jr., Wilmington, for plaintiff.

Irving Morris of Cohen & Morris, Wilmington, for certain defendants.

Rodney M. Layton, of Richards, Layton & Finger, Wilmington, for defendant Olson Bros., Inc.

John P. Sinclair, of Berl, Potter & Anderson, Wilmington, for defendants C. Dean Olson and H. Glenn Olson.

Richard L. Sutton, of Morris, Nichols, Arsht & Tunnell, Wilmington, for defendant Morris Sullivan.

SHORT, Vice Chancellor.

Plaintiff is a stockholder of defendant Bellanca Corporation, now Olson Brothers, Incorporated, a Delaware corporation, hereinafter referred to as the corporation. The complaint challenges the validity of the purchase by the corporation from defendants C. Dean Olson and H. Glenn Olson of all of the capital stock of seven corporations which, at the time of the purchase, were engaged in the egg business...

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