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OLTARSH v. NATIONAL VELVET CORP.

16 N.J. Super. 355 (1951)

84 A.2d 655

MARTIN OLTARSH AND ABRAHAM L. OLTARSH, PLAINTIFFS-APPELLANTS, v. NATIONAL VELVET CORP., A CORPORATION, NATIONAL REALTY CORP., A CORPORATION, MAX OLTARSH, DAVID L. COLE, IVAN KAPLIN AND IRVING COHEN, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided November 21, 1951.

Attorney(s) appearing for the Case

Mr. Elias A. Kanter argued the cause for appellants.

Mr. Mendon Morrill argued the cause for respondents (Messrs. Cole, Morrill & Nadell, attorneys).

Before Judges McGEEHAN, JAYNE and WM. J. BRENNAN, JR.

The opinion of the court was delivered by WILLIAM J. BRENNAN, JR., J.A.D.

Plaintiffs' verified complaint filed in the Law Division sought an inquiry under R.S. 14:10-16 into the validity of elections of directors of the corporate defendants. The statute requires that the inquiry "shall * * * proceed forthwith, and in a summary way." See Rule 3:79.

The complaint was filed February 20, 1951, and the summary hearing was first noticed for February...

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