MATTER OF VENICE AMUSEMENT CORP.


32 Misc.2d 122 (1961)

In the Matter of the Dissolution of Venice Amusement Corporation.

Supreme Court, Special Term, New York County.

May 23, 1961


Attorney(s) appearing for the Case

Hale, Kay & Grant (Jack L. Most of counsel), for petitioner. Gainsburg, Gottlieb, Levitan & Cole (Samuel Gottlieb of counsel), for respondents.


SAMUEL M. GOLD, J.

This is an application by the holder of one half of the common stock for dissolution of the corporation on the ground that the votes of the stockholders are so divided that they cannot elect a board of directors. The court may entertain a petition for dissolution on that ground (General Corporation Law, § 103) and direct a hearing as to the merits of the application before itself or...

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