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BAYER, ET AL. v. AIRLIFT INTERNATIONAL, INC.

111 N.J. Super. 461 (1970)

268 A.2d 548

ERIC C. BAYER, ET AL., PLAINTIFFS, v. AIRLIFT INTERNATIONAL, INC., ET AL., DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided July 31, 1970.

Attorney(s) appearing for the Case

Mr. John W. Griggs and Mr. Richard J. Ryan for plaintiffs (Messrs. Morrison, Lloyd & Griggs).

Mr. Adrian M. Unger for defendant Airlift International, Inc. (Messrs. Milton M. and Adrian M. Unger).

Mr. Charles H. Hoens, Jr. for defendant Corporation Trust Company (Messrs. Lum, Biunno & Tompkins).

LYNCH, J.S.C.

This is an action by a stockholder against a corporation, Airlift International, Inc. (Airlift), and its transfer agent, Corporation Trust Company (C.T.C.), for alleged wrongful refusal to transfer stock.1 Originally plaintiff sought a mandatory injunction compelling the transfer, together with damages. During the course of this proceeding the stock was actually transferred to plaintiff and therefore plaintiff now merely...

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