MANDLE v. COBURN CORP. OF AM.


33 A.D.2d 761 (1969)

Sylvia Mandle, on Behalf of Herself and on Behalf of All Other Common Stockholders of Coburn Corporation of America, Similarly Situated, Appellant, v. Coburn Corporation of America, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

December 11, 1969


Order entered May 19, 1969, and judgment so far as appealed from unanimously affirmed, without costs or disbursements.

In this action by the plaintiff-appellant stockholder brought in her own behalf and on behalf of all other common stockholders of the defendant corporation, plaintiff sued to recover the difference between "fair value" and the amount actually paid to the stockholders as a dividend in lieu of fractional shares of stock of the defendant's wholly owned...

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