Lennan v. Blakeley
This text of 273 A.D. 767 (Lennan v. Blakeley) 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
The complaint sufficiently alleges facts which if established may warrant the granting of equitable relief. The allegations indicate that in disregard of the rights of the stockholders the directors are continuing the existence of the corporation for the sole purpose of benefiting those in control of the corporation at the expense of the other stockholders. Order unanimously affirmed, with $20 costs and disbursements, with leave to the defendants to answer within ten days after service of the order, with notice of entry thereof, on payment of said costs. Present — Glennon, J. P., Dore, Cohn, Callahan and Van Voorhis, JJ. [See post, p. 846.]
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Cite This Page — Counsel Stack
273 A.D. 767, 75 N.Y.S.2d 331, 1947 N.Y. App. Div. LEXIS 3058, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lennan-v-blakeley-nyappdiv-1947.