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ARCADIA THEATRE (et al.) v. SABLOSKY

418 Pa. 34 (1964)

Arcadia Theatre Company (et al., Appellant) v. Sablosky.

Supreme Court of Pennsylvania.

December 3, 1964.

Attorney(s) appearing for the Case

Michael H. Egnal, with him Eugene F. Brazil, and Egnal and Simons, for appellants.

Morton Witkin, I. Raymond Kremer, and David S. Malis, with them Malis, Malis & Malis, for appellees.

Before BELL, C.J., JONES, COHEN, EAGEN, O'BRIEN and ROBERTS, JJ.

OPINION BY MR. JUSTICE O'BRIEN, December 3, 1964:

This appeal is part of a complex of litigation among the parties for control of the Arcadia Theatre Company, a Delaware Corporation. The sole asset of the corporation is an operating theatre in Philadelphia. The entire outstanding issue of stock of the corporation is sixty shares, of which forty shares are owned by Samuel and Edna Shapiro, husband and wife, as joint tenants...

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