STEUER v. HECTOR'S TAVERN, INC.


1 A.D.2d 1003 (1956)

Belle Steuer, Individually and as a Stockholder of Hector's Tavern, Inc., Suing in Behalf of Herself and All Other Stockholders of Said Corporation, and for the Benefit of Said Corporation, Respondent, v. Hector's Tavern, Inc., et al., Appellants

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

May 22, 1956


The fact that plaintiff, as widow of a deceased stockholder, has filed her consent to accept 25 shares of stock in the defendant corporation as part payment of her elective share of the estate, does not suffice to make her either the legal or equitable owner of the stock so as to entitle her to maintain a stockholder's derivative action in her own right (Miller v. Miller, 256 App. Div. 846, affd. 280 N.Y. 716). Nor may she sue in the right of the estate which holds...

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