Plaintiff in 1942 became the record owner of forty shares of $100 par value, 7% cumulative preferred stock of defendant corporation. The stock certificate held by plaintiff, and the corporation's certificate authorizing the stock, provided that preferred stock might be redeemable "at $110.00 per share" on thirty days' notice.
No dividends had been paid on the preferred stock for a period from...
Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.