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DIMMOCK v. REICHHOLD CHEMS.

41 N.Y.2d 273 (1977)

In the Matter of Clarence O. Dimmock, Jr., Appellant, v. Reichhold Chemicals, Inc., Respondent.

Court of Appeals of the State of New York.

Decided February 17, 1977.

Attorney(s) appearing for the Case

Paul W. Williams, Thomas B. Gilchrist, Jr., and George J. Marchese, New York City, for appellant.

John J. Walsh and Edwin David Robertson, New York City, for respondent.

Chief Judge BREITEL and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and COOKE concur in Per Curiam opinion.

Per Curiam.

This is a special proceeding under section 623 of the Business Corporation Law, commenced by Clarence O. Dimmock, Jr., to determine the fair value of his shares of stock of Modiglass Fibers, Inc., incident to the merger of said corporation into Reichhold Chemicals, Inc.

On October 16, 1963, Dimmock owned 14,825 shares of the Modiglass stock. On that date, Reichhold, which owned 811,350 of the 850...

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