(DOWNLOAD) "Charles L. Swanton Et Al. v. State" by New Castle Court of Chancery of Delaware # Book PDF Kindle ePub Free
eBook details
- Title: Charles L. Swanton Et Al. v. State
- Author : New Castle Court of Chancery of Delaware
- Release Date : January 22, 1965
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 68 KB
Description
Plaintiffs were preferred stockholders of State Guaranty Corporation ("Guaranty"), which merged into Allied Properties, a
California corporation (both called "defendants"). Plaintiffs qualified for a statutory appraisal and the appraiser fixed
$88.62 as the per share fair value. Both plaintiffs and defendants filed exceptions to the appraiser's report and this is
the decision thereon. Guaranty was incorporated in 1927. Apparently it has been and was at the merger date a real estate holding company and investment
company which operated through its wholly owned subsidiary, Allied Properties. Allied owned, operated or leased three hotels,
four farms and ranches, twenty commercial properties and held other large parcels of real estate for investment. These properties
are located primarily in the growth areas of California, with some holdings in Arizona, Nevada and Oregon. It also has a substantial
portfolio of securities of non-affiliated companies.
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