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LEHRMAN v. COHEN

222 A.2d 800 (1966)

Jacob LEHRMAN, Plaintiff-Appellant, v. N. M. COHEN, Israel Cohen, Emanuel Cohen, Lillian Cohen Solomon, Joseph B. Danzansky and Giant Food Inc., Defendants-Appellees.

Supreme Court of Delaware.

July 8, 1966.

Attorney(s) appearing for the Case

John J. DeLuca and Joseph A. Julian, Jr., of DeLuca, Julian & Walsh, Wilmington, and Milton S. Gould and William Schurtman, of Shea, Gallop, Climenko & Gould New York City, for plaintiff-appellant.

Robert H. Richards, Jr., and E. N. Carpenter, II, of Richards, Layton & Finger, Wilmington, and Paul R. Connolly, Merle Thorpe, Jr., and Neal E. Sheldon, of Hogan & Hartson, Washington, D. C., for defendants-appellees.

WOLCOTT, Chief Justice, and CAREY and HERRMANN, JJ., sitting.

HERRMANN, Justice.

The primary problem presented on this appeal involves the applicability of the Delaware Voting Trust Statute.1 Other questions involve the legality of stock having voting power but no dividend or liquidation rights except repayment of par value, and an alleged unlawful delegation of directorial duties and powers.

These are the material facts:

Giant Food Inc....

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