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HONIGMAN v. GREEN GIANT COMPANY

No. 16939.

309 F.2d 667 (1962)

Edith HONIGMAN, Individually and on behalf of all Class B Stockholders of the Green Giant Company, Appellant, v. GREEN GIANT COMPANY, a Minnesota Corporation, et al., Appellees.

United States Court of Appeals Eighth Circuit.

November 7, 1962.

Attorney(s) appearing for the Case

John Sklar of Honigman, Miller, Schwartz & Cohn, Detroit, Mich., Maurice S. Binkow, Jonathan Sobeloff and John Sklar, of Honigman, Miller, Schwartz & Cohn, Detroit, Mich., Phillips & Gross, Minneapolis, Minn., on the brief, for appellant.

John J. McKasy, of Thompson, Hessian, Fletcher & McKasy, Minneapolis, Minn., John J. McKasy and Maurice A. Hessian, Minneapolis, Minn., on the brief, for appellees.

Before VOGEL and VAN OOSTERHOUT, Circuit Judges, and VAN PELT, District Judge.

VAN OOSTERHOUT, Circuit Judge.

This is a class action brought by Edith Honigman, owner of 1,570 shares of Class B non-voting common stock in Green Giant Company, a Minnesota corporation, against said company, its controlling shareholders, officers, directors and others, to upset a recapitalization plan conceived and proposed by some of the defendants and approved by the vote of all Class A stockholders and by the affirmative vote of 92.3% of the outstanding Class...

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