Chapman

Chapman v. Associated Transit Terminal Corp.

Good Law
123 Cal. App. 157·1932 Cal. App. LEXIS 860·10 P.2d 1023
Court of Appeal of CaliforniaApril 29, 1932Docket No. 8228.California2,424 words

Opinion

lead Opinion

Burroughs, J.

This is an appeal by the defendant Pearl V. Exterstein from a judgment ordering a transfer of certain shares of the capital stock of the defendant corporation, Associated Transit Terminal Corporation, now standing in the name of said Pearl V. Exterstein, to the plaintiff. The judgment decreed the plaintiff to be the owner of 395.25 shares of the preferred and 3,068.10 shares of the common stock of said corporation, and ordered an assignment of the same and the filing thereof with the county clerk within thirty days. The defendant was also enjoined from selling or disposing of said stock.

One of the specifications of error is that the evidence does not support the findings of fact, conclusions of law and judgment. The finding complained of is as follows: “That it is true that on, to-wit: July 20th, 1925, it was agreed by and between plaintiff and said H. J. Exterstein that a new corporation should be organized in which both common and preferred stock should be issued and stock of the Transit Company transferred to such new corporation and shares of the new corporation issued to the stockholders of the Transit Company, transferring their stock to the new corporation in such…

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