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TOMLINSON v. LOEW'S INCORPORATED

134 A.2d 518 (1957)

Joseph TOMLINSON, Plaintiff, v. LOEW'S Incorporated, a Delaware corporation, Louis B. Mayer and Samuel Briskin, Defendants, Monroe Greenthal, Herman Scher, Leland Heath, Louis Marx, David Marx, Lewis Rothschild, Joe Robinson, Earl Carroll, Helen Schiff, Associated Prudential Theatres, Inc., Joseph Seider, Incorporated Investors, Harold Harris, Sol Wolff, Sol Wolff, Peggye Jane Elson, Guild Enterprises, Hans C. Hermanson, William Brenner, Mrs. Ester Dembow, Herbert Henryson, Arthur Rapf, Mrs. Ruth Friedman, Leopold Friedman, Archie Weltman, Esla Holding Corp., Eugene Picker, Isaac Picker, Isadore Altman, Sidney Phillips, Abe Caro, Salle Caro, Jack H. Levin, Morris Rubenstein, Elise A. Parker, William A. Parker, Samuel Wallach, Max Butchin, Hyman Schaiwitz, Tobias Gluck, Abram Rubin, Aaron Vulcan, Israel Kalish, Al Kelly, Michael Kletz, Louis Brandt, Mrs. Lottie Brandt, Mrs. Helen Brandt, Max Bardarnick, Max Minzescheimer, and Arthur Weisenberger, Leon Lowenstein, The Lowenstein Foundation, The Crest-Tex Corporation by Morris David, President, Marvin David, Hy Davis, Louis Berkley, Alan Berkley, Isadore Sloan, Fred Hazen, Sam Zacharia, Rose Drucker, and The Grinnell Pajamas Corporation, Intervening Defendants.

Court of Chancery of Delaware, New Castle.

Reargument Denied August 29, 1957.

Judgment Affirmed October 12, 1957.

Attorney(s) appearing for the Case

Henry M. Canby (of Richards, Layton & Finger), Wilmington, for plaintiff.

Arthur G. Logan and Aubrey B. Lank (of Logan, Marvel, Boggs & Theisen), Wilmington, and Milton S. Pollack, New York City, for individual defendants and for Tomlinson faction claiming authority to represent the corporation.

David F. Anderson (of Berl, Potter & Anderson), Wilmington, and Louis Nizer (of Phillips, Nizer, Benjamin & Krim), New York City, and Benjamin Melniker, New York City, for Vogel faction claiming authority to represent the corporation.

Clair J. Killoran and Courtney H. Cummings, Jr. (of Killoran & VanBrunt), Wilmington, for interveners.

Judgment Affirmed October 12, 1957. See 135 A.2d 136.

SEITZ, Chancellor.

Plaintiff, Joseph Tomlinson, is a substantial stockholder of the corporate defendant, Loew's Incorporated ("Loew's" or "corporation"), a Delaware corporation. He filed this petition under 8 Del.C. § 225 seeking a judgment that the individual defendants, Louis B. Mayer and Samuel Briskin ("individual defendants") were validly elected directors of...

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