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In re the E. N. Chilson for a Summary Order for Election of Directors of Public Industrials Corp.

Court of Chancery of Delaware
Jul 27, 1933
Reporters:
, ,
The Chancellor:

For the reasons given by the master in support of his ‍‌​​‌‌​​‌‌‌‌​‌​​‌‌​​‌‌‌​​‌‌​​​​​‌‌​‌​‌‌​​​‌​​​​‌​‌​‌​‌​​‌​‌​‌‌​​​​‌​​‌‌​​‌‌‌​‌​​‌‌​‌​‌​‌‌‌​‌‌‌​‌​‍report, the same will be confirmed. It is to be observed that the master reached his conclusion upon the assumption that certain facts ‍‌​​‌‌​​‌‌‌‌​‌​​‌‌​​‌‌‌​​‌‌​​​​​‌‌​‌​‌‌​​​‌​​​​‌​‌​‌​‌​​‌​‌​‌‌​​​​‌​​‌‌​​‌‌‌​‌​​‌‌​‌​‌​‌‌‌​‌‌‌​‌​‍are true as alleged by the exceptants, and on that assumption he concluded that as a legal proposition the position of the exceptants ‍‌​​‌‌​​‌‌‌‌​‌​​‌‌​​‌‌‌​​‌‌​​​​​‌‌​‌​‌‌​​​‌​​​​‌​‌​‌​‌​​‌​‌​‌‌​​​​‌​​‌‌​​‌‌‌​‌​​‌‌​‌​‌​‌‌‌​‌‌‌​‌​‍is not supportable. I agree with him in that conclusion. The request, therefore, that the exceptants make for an opportunity to produce ‍‌​​‌‌​​‌‌‌‌​‌​​‌‌​​‌‌‌​​‌‌​​​​​‌‌​‌​‌‌​​​‌​​​​‌​‌​‌​‌​​‌​‌​‌‌​​​​‌​​‌‌​​‌‌‌​‌​​‌‌​‌​‌​‌‌‌​‌‌‌​‌​‍evidence of facts tending to establish those assumptions, will be denied. If they prove what they desire to prove, the result will not ‍‌​​‌‌​​‌‌‌‌​‌​​‌‌​​‌‌‌​​‌‌​​​​​‌‌​‌​‌‌​​​‌​​​​‌​‌​‌​‌​​‌​‌​‌‌​​​​‌​​‌‌​​‌‌‌​‌​​‌‌​‌​‌​‌‌‌​‌‌‌​‌​‍be altered.

A decree may be submitted in accordance with the master’s recommendation.

Case Details

Case Name: In re the E. N. Chilson for a Summary Order for Election of Directors of Public Industrials Corp.
Court Name: Court of Chancery of Delaware
Date Published: Jul 27, 1933
Citations: 168 A. 82; 19 Del. Ch. 398; 1933 Del. Ch. LEXIS 30
Court Abbreviation: Del. Ch.
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