Sloane v. Officers & Directors of 425 West 25th Street Corp.
This text of 1 A.D.2d 652 (Sloane v. Officers & Directors of 425 West 25th Street Corp.) 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
Order dismissing petition by stockholder to examine the books and records of the corporation unanimously reversed and the petition granted, with $20 costs and disbursements to the appellant. There are no facts averred in the record tendering the issue of bad faith on the part of petitioner. Facts showing a lack of gratitude are not a substitute for establishing an issue of bad faith or improper motive. The date for the examination to proceed shall be fixed in the order. Settle order on notice. Concur — Breitel, J. P., Bastow, Botein, Rabin and Cox, JJ.
Free access — add to your briefcase to read the full text and ask questions with AI
Cite This Page — Counsel Stack
1 A.D.2d 652, 146 N.Y.S.2d 280, 1955 N.Y. App. Div. LEXIS 3931, Counsel Stack Legal Research, https://law.counselstack.com/opinion/sloane-v-officers-directors-of-425-west-25th-street-corp-nyappdiv-1955.