Court of Chancery of Delaware October 19, 1955 (Schleiff v. Baltimore & Ohio Railroad)

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United States · · · 19-10-1955

Seitz, Chancellor:

This is a derivative action filed in July 1952 by a stockholder of a carrier, Baltimore and Ohio Railroad Company (hereafter “B & O”), seeking rescission of the sale of certain lands by B & O to a then potential shipper, General Motors Corporation (hereafter “GM”).

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