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MTR. OF STATE OF N. Y. v. ITM, INC.

52 Misc.2d 39 (1966)

In the Matter of the State of New York, by Louis J. Lefkowitz, Attorney-General of the State of New York, Petitioner, v. ITM, Incorporated, et al., Respondents.

Supreme Court, Trial Term, New York County.

September 29, 1966

Attorney(s) appearing for the Case

Louis J. Lefkowitz, Attorney-General (Mark T. Walsh and Thomas F. O'Hare of counsel), for petitioner. Rubin Sterngass, respondent in person. M. Nathan Cember for ITM and others, respondents.

HYMAN KORN, J.

This is a special proceeding brought on behalf of the State of New York by the Attorney-General, pursuant to subdivision 12 of section 63 of the Executive Law which, so far as pertinent, reads: "Whenever any person shall engage in repeated fraudulent or illegal acts or otherwise demonstrates persistent fraud or illegality in the carrying on, conducting or transaction of business, the attorney-general...

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