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STEWART v. D.J. STEWART & CO.

No. 75-180.

37 Ill. App.3d 848 (1976)

346 N.E.2d 475

STURTEVANT STEWART et al., Plaintiffs-Appellees, v. D.J. STEWART & COMPANY et al., Defendants-Appellants.

Appellate Court of Illinois — Second District (1st Division).

Opinion filed May 5, 1976.

Attorney(s) appearing for the Case

Robert S. Frederickson, of Reno, Zahm, Folgate, Skolrood, Lindberg & Powell, of Rockford, for appellants.

Patrick H. Sreenan, of Rockford, for appellees.

Judgment affirmed.

Mr. JUSTICE SEIDENFELD delivered the opinion of the court:

The defendant D.J. Stewart & Company, an Illinois corporation (hereinafter STEWART), was merged into the defendant D.J. Stewart & Company, a Wisconsin corporation (hereinafter STEWART, WISCONSIN), the wholly owned subsidiary of the Illinois corporation. The plaintiffs, as minority stockholders of the Illinois corporation, sued to determine the fair value of their shares pursuant...

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