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SANTEE OIL CO., INC. v. COX

20089

265 S.C. 270 (1975)

217 S.E.2d 789

SANTEE OIL COMPANY, INC., Respondent, v. Marsden H. COX, Jr., Appellant.

Supreme Court of South Carolina.

September 2, 1975.

Attorney(s) appearing for the Case

Messrs. Turnipseed and Rothwell, of Columbia, for Appellants.

D. Laurence McIntosh, Esq., of Wright, Scott, Blackwell & Powers, Florence, for Respondent.

Messrs. Turnipseed and Rothwell, of Columbia, for Appellants, in Reply.

September 2, 1975.

BUSSEY, Justice:

Pursuant to the provisions of the South Carolina Business Corporation Act of 1962, S.C.C.A. 12-11.1 et seq. (1974 Supp.), Services, Incorporated, a South Carolina corporation, was merged with the plaintiff, Santee Oil Company, Incorporated, another South Carolina corporation, on September 30, 1971. When appellant, a minority stockholder in both companies, duly objected to the merger, respondent,

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