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PENN-TEXAS CORP. v. SARLIE

15 Misc.2d 626 (1958)

Penn-Texas Corporation et al., Plaintiffs, v. Jacques Sarlie et al., Defendants.

Supreme Court, Special Term, New York County.

November 12, 1958.

Attorney(s) appearing for the Case

Raphael L. Elias for Peter Cats, defendant.

Corcoran, Kostelanetz & Gladstone (Boris Kostelanetz and Thomas F. Ryan of counsel), for Jacques Sarlie, defendant.

Paul, Weiss, Rifkind, Wharton & Garrison (Samuel J. Silverman, Arthur L. Liman and Joel E. Miller of counsel), for plaintiffs.

VINCENT A. LUPIANO, J.

The defendants Sarlie and Cats move for dismissal for insufficiency of each cause stated in the complaint. It is alleged that plaintiff Penn-Texas Corporation is the owner of all the capital stock of the plaintiff Tex-Penn Oil & Gas Corporation and that during the times in issue one Silberstein was president, board chairman, chief executive officer of Penn-Texas and as such completely...

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