Davenport Neck Corp. v. Pasquerella
This text of 143 A.D.2d 327 (Davenport Neck Corp. v. Pasquerella) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
— In an action premised on the defendant’s failure to return a stock certificate at the termination of his membership in the plaintiffs’ beach club pursuant to an agreement between the parties, the plaintiffs appeal from an order of the Supreme Court, Westchester County (Beisner, J.), dated September 3, 1985, which granted the defendant’s motion to dismiss the complaint as time barred.
Ordered that the order is affirmed, with costs.
We agree that the exclusive means by which the plaintiffs could regain the share of stock was by enforcement of the agreement between the parties that the defendant "will tender the aforesaid share of stock to the Secretary of the Davenport Club, Inc.” upon the termination of his membership. Therefore, the gravamen of the action is contractual (see, Baratta v Kozlowski, 94 AD2d 454). The defendant’s relationship with the Davenport Club, Inc. ended in 1976. Since this action was commenced in 1984 and the six-year Statute of Limitations for enforcement of the subject agreement termi[328]*328nated in 1982 (CPLR 213 [2]), this action was properly dismissed (CPLR 3212). Kunzeman, J. P., Weinstein, Rubin and Kooper, JJ., concur.
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Cite This Page — Counsel Stack
143 A.D.2d 327, 532 N.Y.S.2d 318, 1988 N.Y. App. Div. LEXIS 9182, Counsel Stack Legal Research, https://law.counselstack.com/opinion/davenport-neck-corp-v-pasquerella-nyappdiv-1988.