People Ex Rel. Rye Country Day School v. Schmidt
This text of 194 N.E. 405 (People Ex Rel. Rye Country Day School v. Schmidt) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The corporate operation of the respondent may lawfully entitle some of its members to receive pecuniary profit other than reasonable compensation for services in effecting any of its educational purposes.
The order of the Appellate Division should be reversed and that of Special Term affirmed, with costs in this court and in the Appellate Division.
Ceane, Ch. J., O’Bbien, Hubbs, Cbottch, Loughban and Finch, JJ., concur; Lehman, J., not voting.
Ordered accordingly.
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Cite This Page — Counsel Stack
194 N.E. 405, 266 N.Y. 196, 1935 N.Y. LEXIS 1356, Counsel Stack Legal Research, https://law.counselstack.com/opinion/people-ex-rel-rye-country-day-school-v-schmidt-ny-1935.