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BACHE & CO. v. GENERAL INSTRUMENT CORP.

42 N.J. 44 (1964)

198 A.2d 759

BACHE & CO., A LIMITED PARTNERSHIP, PLAINTIFF-RESPONDENT, v. GENERAL INSTRUMENT CORPORATION, A NEW JERSEY CORPORATION, DEFENDANT-APPELLANT.

The Supreme Court of New Jersey.

Decided March 2, 1964.

Attorney(s) appearing for the Case

Mr. Arthur C. Dwyer argued the cause for the appellant (Messrs. Stryker, Tams & Dill, attorneys; Mr. Henry A. Mulcahy of the New York Bar, of counsel; Mr. John J. Carlin, Jr., on the brief).

Mr. Alexander Feinberg argued the cause for the respondent (Messrs. Evoy & Feinberg, attorneys).

The opinion of the court was delivered by JACOBS, J.

The defendant appealed to the Appellate Division from a judgment for the plaintiff entered by Judge Wick in the amount fixed by appraisers appointed by him pursuant to N.J.S.A. 14:12-7. We certified on our own motion.

In March 1961 the defendant General Instrument Corporation announced plans for a merger with Pyramid Electric Company. Thereafter it called a stockholders' meeting for May 10, 1961 to...

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