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KERKORIAN v. WESTERN AIR LINES, INC.

Civ. A. No. 2987.

253 A.2d 221 (1969)

Kirk KERKORIAN, Plaintiff, v. WESTERN AIR LINES, INC., a Delaware corporation, Defendant.

Court of Chancery of Delaware, New Castle.

April 14, 1969.

Attorney(s) appearing for the Case

David F. Anderson and Charles S. Crompton, Jr., of Potter, Anderson & Corroon, Wilmington, for plaintiff.

James M. Tunnell, Jr., and Walter K. Stapleton, of Morris, Nichols, Arsht & Tunnell, Wilmington, and Donald Keith Hall, of Darling, Mack, Hall & Call, Los Angeles, Cal., for defendant.

DUFFY, Chancellor:

In this action Kirk Kerkorian (plaintiff) seeks inspection of the stock ledger and a list of stockholders of Western Air Lines, Inc., a Delaware corporation (defendant). Western has outstanding 4,903,852 shares of stock; Kerkorian is the owner of record of 1,380,995 of those shares. If all of his holdings in Western were converted into common stock, he would have some 30% of the total outstanding.

Acting under 8 Del.C. § 220, Kerkorian...

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