MATTER OF 3260 PERRY AVE. REALTY CORP. (DE BURR)


285 A.D. 71 (1954)

In the Matter of the Dissolution of 3260 Perry Ave. Realty Corp. Alexander De Burr, Appellant; Julius De Burr, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

December 7, 1954.


Attorney(s) appearing for the Case

Michael I. Winter for appellant.

Alfred L. Krasner for respondent.

PECK, P. J., CALLAHAN, BREITEL, BASTOW and BERGAN, JJ., concur.


Per Curiam.

The petition alleges an equal division of stock ownership and stagnation of corporate policy and activity, and seeks a dissolution of the corporation pursuant to section 103 of the General Corporation Law. The answering papers raise issues of fact which indicate that the decision on the question of dissolution will likely call for a nice judgment and sound discretion.

Decision in such a situation should be reached and rendered by the court...

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