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TROPPER v. BYSSHE

4 N.Y.2d 397 (1958)

Emanuel Tropper, Suing on Behalf of Himself and All Other Stockholders Similarly Situated and on Behalf of Camden Forge Company, Appellant, v. Arthur E. Bysshe et al., Defendants, and Camden Forge Company, Respondent.

Court of Appeals of the State of New York.

Decided June 25, 1958.

Attorney(s) appearing for the Case

Morris J. Levy for appellant.

Robert Bloom for respondent.

Chief Judge CONWAY and Judges DESMOND, DYE, FULD, FROESSEL and VAN VOORHIS concur.

BURKE, J.

The appellant, as a shareholder of Camden, brought a derivative action allegedly on behalf of Camden. The named defendants are Camden, United Dye & Chemical Corporation and 15 individuals all of whom are alleged to be either past or present directors of Camden.

The stock records of Camden list plaintiff, Emanuel Tropper, as the owner of 200 shares of Camden's common stock. There are 162,099...

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