RATH v. RATH PACKING COMPANY

No. 51868.

136 N.W.2d 410 (1965)

Howard G. RATH, MarIon Rath Chenette, Elizabeth Rath Berner, and Howard G. Rath, Jr., Appellants, v. The RATH PACKING COMPANY, Joe Gibson, William Cameron, Wesley W. Jennings, and Harry G. Slife, Appellees, Needham Packing Company, Inc., Additional Defendant-Appellee.

Supreme Court of Iowa.

July 29, 1965.


Attorney(s) appearing for the Case

Lynch, Dallas, Smith & Harman, Cedar Rapids, for appellants.

Swisher, Cohrt, Swisher, Finch & McCann, Waterloo, and Sullivan & Cromwell, New York City, for appellees.


GARFIELD, Chief Justice.

The question presented is whether an Iowa corporation may carry out an agreement with another corporation, designated "Plan and Agreement of Reorganization," which amounts to a merger in fact of the two without approval of holders of two thirds of its outstanding shares, as provided by section 496A.70, Code 1962, I.C.A., and its articles of incorporation. The question is one of first impression in Iowa. We must disagree with the trial court...

NEVER MISS A DECISION. START YOUR SUBSCRIPTION.

Uncompromising quality. Enduring impact.
Your support ensures a bright future for independent legal reporting.

As you are aware we have offered this as a free subscription over the past years and we have now made it a paid service.Look forward to your continued patronage.

GET STARTED


OR

Read it with your Leagle account.
Sign in to continue


Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases