ISAKSEN v. CHESAPEAKE INSTRUMENT CORP.


19 Wis.2d 282 (1963)

ISAKSEN, Respondent, v. CHESAPEAKE INSTRUMENT CORPORATION, Appellant. ORR, Respondent, v. SAME, Appellant. WERNER, Respondent, v. SAME, Appellant.

Supreme Court of Wisconsin.

March 5, 1963.


Attorney(s) appearing for the Case

For the appellant there were briefs by Spohn, Ross, Stevens & Pick of Madison, and oral argument by Edwin C. Pick.

For the respondents there was a brief by Orr, Isaksen, Werner & Lathrop of Madison, and oral argument by Leon E. Isaksen.


FAIRCHILD, J.

Secs. 180.62 to 180.69, Stats., authorize corporate mergers and consolidations. Sec. 180.69 grants to one who holds shares in a corporation which is a party to a merger or consolidation and who dissents therefrom the right to recover the fair value of his shares from the surviving corporation upon surrender of his stock certificates. if he takes certain steps to record his dissent, and acts timely, he is entitled...

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