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MTR. OF DEMOS v. CAPPS & CO.

28 Misc.2d 415 (1961)

In the Matter of Harriet Demos, Petitioner, v. Capps & Company, Inc., et al., Respondents.

Supreme Court, Special Term, Nassau County.

February 27, 1961

Attorney(s) appearing for the Case

Bertram Schwartz for petitioner. Grandefeld & Goodman for Capps & Company, Inc., respondent. Irving H. Schafer for Isabel C. Rainey and another, respondents.

WILLIAM R. BRENNAN, JR., J.

The petitioner, an employee of the respondent corporation since 1940, became secretary of the corporation in 1953, a director in 1955, and a stockholder in 1957. As one of three stockholders, she now owns 10 shares of the 295 issued and outstanding shares, 10 being owned by the respondent Marcucci, an officer and director, and 275 by the respondent Rainey who is also an officer and...

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