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Voeller v. Neilston Warehouse Co., 311 U.S. 531 (1941)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Voeller v. Neilston Warehouse Co., 311 U.S. 531 (1941)
Voeller v. Neilston Warehouse Co. No. 97 Submitted December 18, 1940 Decided January 6, 1941 311 U.S. 531
CERTIORARI TO THE SUPREME COURT OF OHIO
Syllabus
A state statute providing that, where a corporation authorize the sale or other disposition of all or substantially all of its assets, a dissenting shareholder shall have the right to be paid the fair cash value of his shares, and that the amount demanded of the corporation by the dissenting shareholder as such fair cash value shall, after six months -- if the corporation doe not make a counter-offer, request an appraisal, or abandon the sale -- conclusively be deemed to be equal to the fair cash value, held, in its operation as to majority stockholders, not a deprivation of their property without due process in violation of the Fourteenth Amendment, although the statute made no provision for notice to them as individuals, or opportunity for them to be heard, in respect to the dissenting stockholder’s demand. P. 535.
The corporation sufficiently represents the majority stockholders for the purposes of notice and of invoking the jurisdiction of this Court on the constitutional question. P. 537.
136 Ohio St. 427, 26 N.E.2d 942, reversed.
Certiorari, post, p. 624, to review a judgment denying recovery to minority stockholders upon a state statute held unconstitutional.
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Chicago: U.S. Supreme Court, "Syllabus," Voeller v. Neilston Warehouse Co., 311 U.S. 531 (1941) in 311 U.S. 531 311 U.S. 533. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=QD8A6NV9677KXTM.
MLA: U.S. Supreme Court. "Syllabus." Voeller v. Neilston Warehouse Co., 311 U.S. 531 (1941), in 311 U.S. 531, page 311 U.S. 533. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=QD8A6NV9677KXTM.
Harvard: U.S. Supreme Court, 'Syllabus' in Voeller v. Neilston Warehouse Co., 311 U.S. 531 (1941). cited in 1941, 311 U.S. 531, pp.311 U.S. 533. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=QD8A6NV9677KXTM.
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