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MATTER OF COLODNEY v. N. Y. COFFEE EXCH.

1 Misc.2d 643 (1956)

In the Matter of Bernard Colodney et al., Petitioners, v. New York Coffee and Sugar Exchange, Inc., Respondent.

Supreme Court, Special Term, New York County.

February 16, 1956.

Attorney(s) appearing for the Case

Powell Pierpoint and Arthur W. Murphy for petitioners.

Whitman Knapp and David D. Brown, III, for respondent.

HOFSTADTER, J.

In this proceeding under article 78 of the Civil Practice Act the petitioners challenge the validity of the action taken by the respondent, New York Coffee and Sugar Exchange, Inc., through its board of managers on July 13, 1955, in adopting a resolution which censured the petitioners, members of the exchange, and fined each of them $1,500. The respondent has moved to dismiss the petition as a...

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