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WELSH v. INDEPENDENT BANK & TRUST CO.

(2447)

1 Conn. App. 14 (1983)

ROBERT WELSH ET AL. v. INDEPENDENT BANK AND TRUST CO. FRIEDA SCHNEIDER, EXECUTRIX (ESTATE OF ABRAHAM SCHNEIDER) v. INDEPENDENT BANK AND TRUST CO.

Appellate Court of Connecticut.

Decision released November 22, 1983.

Attorney(s) appearing for the Case

John W. Barnett, with whom was Bennett J. Bernblum, for the appellant (defendant in both cases).

Steven R. Humphrey, with whom were Raymond P. Schneider and, on the brief, Jane H. Frederick, for the appellees (plaintiffs in each case).

TESTO, HULL and DUPONT, JS.

TESTO, J.

This matter arises out of the merger of the Willimantic Trust Company (Willimantic) with the Norwich State Bank and Trust Company (Norwich). The plaintiffs brought their actions under General Statutes § 33-374 (g) and asked the court to determine the fair value of the Willimantic stock as of December 30, 1980, the day prior to the date on which notice of the proposed merger was mailed to the stockholders...

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