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WHITE v. LUDWIG

32 Misc.2d 120 (1961)

Lois H. White, on Behalf of Herself and Stockholders of American-Hawaiian Steamship Company, Plaintiff, v. D. K. Ludwig et al., Defendants.

Supreme Court, Special Term, New York County.

November 22, 1961

Attorney(s) appearing for the Case

Hughes, Hubbard, Blair & Reed (Jerome G. Shapiro and Leonard F. Joy of counsel), for D. K. Ludwig and others, defendants. Zelenko & Elkind (Arnold B. Elkind of counsel), for American Hawaiian S. S. Co., defendant. Loring R. Hoover for plaintiff.

OWEN McGIVERN, J.

Defendants move to dismiss the complaint for insufficiency and plaintiff cross-moves for leave to amend.

Briefly summarized, the following are the allegations of the complaint: Plaintiff was, prior to 1955, a stockholder of American-Hawaiian Steamship Company, hereinafter referred to as "the Company". By 1955, the Company had become an investment company within the meaning of the Investment...

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