MATTER OF IDEAL MUT. INS. CO.


18 Misc.2d 127 (1959)

In the Matter of Ideal Mutual Insurance Company.

Supreme Court, Special Term, New York County.

July 16, 1959.


Attorney(s) appearing for the Case

Sullivan & Cromwell (William Piel, Jr., and Dennis C. Mahoney of counsel), for petitioners.

Breed, Abbott & Morgan (Charles H. Tuttle, Lloyd V. Almirall, Lewis F. X. Cotignola of counsel), for respondents.


CHARLES A. LORETO, J.

This proceeding is brought under section 25 of the General Corporation Law, which provides as follows: "Upon the application of any member aggrieved by an election, and upon notice to the persons declared elected thereat, the corporation and such other persons as the court may direct, the supreme court at a special term thereof shall forthwith hear the proofs and allegations of the parties...

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