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(Download) "Foglesong v. Thurston Nat. Life Ins. Co." by Supreme Court of the State of Oklahoma # eBook PDF Kindle ePub Free

Foglesong v. Thurston Nat. Life Ins. Co.

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eBook details

  • Title: Foglesong v. Thurston Nat. Life Ins. Co.
  • Author : Supreme Court of the State of Oklahoma
  • Release Date : January 13, 1976
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 65 KB

Description

1 This action was brought by Robert N. Foglesong and George F. Harrington (dissenting shareholders) for the sole purpose of determining the fair value of shares of common stock held by them in Thurston National Life Insurance Company (Life Company) and Thurston National Insurance Company (Casualty Company). A judicial determination of the value of the stock was necessary because the parties failed to agree on the value of the shares held by the dissenting shareholders who had objected to a merger and consolidation action approved by the majority of the corporations shareholders. There is no dispute that the shareholders had a right to dissent, and that they had properly exercised that right pursuant to the requirements of the Oklahoma Business Corporations Act. The only issue other than the determination of the fair market value of the stock is whether the action was timely filed in the trial court. We find that it was.


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