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MATTER OF SALNOR REALTY CORP.

16 Misc.2d 189 (1959)

In the Matter of Setting Aside the Election of Officers and Directors of Salnor Realty Corp.

Supreme Court, Special Term, New York County.

February 9, 1959.

Attorney(s) appearing for the Case

S. K. & M. B. Goldstein for petitioners.

Raphael, Searles, Levin & Vischi (Sidney O. Raphael, William Levin, and Thomas J. Burns of counsel), for respondents.

CHARLES A. LORETO, J.

Motion for an order declaring illegal and void the election of directors and officers of the Salnor Corporation held at a meeting on December 22, 1958.

The corporation is a New York corporation, formed in 1944. Its only asset is a piece of income-paying realty. Originally its stock was equally owned by two brothers, Elwood Hughes and Peyton Hughes. The certificate of incorporation...

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