120 A.2d 849 (N.J. 1956), A-82, Sanders v. The Cuba Railroad Company

Citation: 120 A.2d 849, 21 N.J. 78

Opinion Judge: Jacobs, J.

Party Name: JOSEPH P. SANDERS, EMIL SCHUMACHER, ERIKA R. DANA, IRENE SIEGEL AND KATHERINE F. SHADEK, ON BEHALF OF THEMSELVES AND ALL OTHER HOLDERS OF 6% NON-CUMULATIVE PREFERRED STOCK OF DEFENDANT, THE CUBA RAILROAD COMPANY, SIMILARLY SITUATED, PLAINTIFFS-APPELLANTS, v. THE CUBA RAILROAD COMPANY, DEFENDANT-RESPONDENT

Attorney: Mr. Donald B. Kipp argued the cause for the respondent (Messrs. Pitney, Hardin & Ward, attorneys; Mr. Roger C. Ward, of counsel). Messrs. Bilder, Bilder & Kaufman filed a brief amicus curiae (Mr. Samuel Kaufman and Mr. John M. Kaufman, of counsel).

Judge Panel: For affirmance -- Chief Justice Vanderbilt, and Justices Heher, Oliphant, Wachenfeld, Burling and Jacobs. For reversal -- None. Heher, J., concurring in result. HEHER, J., concurring in result.

Case Date: February 20, 1956

Court: New Jersey Supreme Court