PERFECT PHOTO EQUITIES, INC. v. AMERICA CORPORATION


212 A.2d 808 (1965)

PERFECT PHOTO EQUITIES, INC., a New York corporation, Plaintiff, v. AMERICA CORPORATION, a Delaware corporation, Defendant, Kemline Industries, Inc., a Delaware corporation, Additional Defendant.

Court of Chancery of Delaware, New Castle.

August 19, 1965.


Attorney(s) appearing for the Case

Richard L. McMahon, of Berl, Potter & Anderson, Wilmington, for plaintiff.

Joseph A. Rosenthal, of Cohen, Morris & Rosenthal, Wilmington, for defendant.


SEITZ, Chancellor:

Plaintiff corporation ("plaintiff") seeks to compel the defendant corporation1 ("defendant") to transfer into plaintiff's name certificates for 155,425 of its shares tendered by plaintiff. Defendant's unverified answer included certain affirmative defenses plus a counterclaim for an accounting. Defendant also obtained an order making Kemline Industries, Inc. ("Kemline") an additional defendant under Chancery Rule 13...

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