KOPPEL v. MIDDLE STATES PETROLEUM CORP.


197 Misc. 479 (1950)

Solomon S. Koppel, Plaintiff, v. Middle States Petroleum Corporation, Defendant. Else De Graaff, Plaintiff, v. Middle States Petroleum Corporation, Defendant.

Supreme Court, Special Term, New York County.

February 27, 1950.


Attorney(s) appearing for the Case

Leslie Kirsch and Sidney Freiberg for defendant.

Milton Paulson for plaintiffs.

Edwin B. Wolchok, special attorney for defendant with conflicting interests.


BREITEL, J.

These are representative actions, consolidated for purposes of trial, to compel defendant corporation to pay certain dividends for the years 1942 and 1943 claimed to be mandatory by reason of its certificate of incorporation.

Defendant is a Delaware corporation engaged in the oil producing industry. During the period to which these actions relate defendant corporation had outstanding two classes...

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