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DOLID v. LEATHERKRAFT CORP.

39 N.J. Super. 194 (1956)

120 A.2d 617

FANNIE DOLID, PLAINTIFF-RESPONDENT, v. LEATHERKRAFT CORPORATION, A CORPORATION OF NEW JERSEY, DEFENDANT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided February 21, 1956.

Attorney(s) appearing for the Case

Mr. Max L. Rosenstein argued the cause for appellant.

Mr. Milton M. Unger argued the cause for respondent (Messrs. Milton M. and Adrian M. Unger, attorneys; Mr. Sam Denstman, on the brief).

Before Judges CLAPP, JAYNE and FRANCIS.

The opinion of the court was delivered by JAYNE, J.A.D.

A summarization of the factual circumstances will display the characteristics of this controversy. On and prior to July 7, 1950 one Abraham Dolid was a stockholder, director, and officer of the defendant corporation, and on the date mentioned discontinued his relationship with the company by the disposition of his capital stock and by the acquisition from the company...

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