SCHWARTZ v. COMPANIA AZUCARERA


39 Misc.2d 63 (1962)

Nathan Schwartz, Plaintiff, v. Compania Azucarera Vertientes-Camaguey de Cuba, Defendant.

Supreme Court, Kings County.

September 17, 1962


Attorney(s) appearing for the Case

Brinsmade & Schafrann (Hobart L. Brinsmade and Allen McGrath of counsel), for plaintiff. Shearman & Sterling (John A. Wilson and Arbie R. Thalacker of counsel), for defendant.


EDWARD G. BAKER, J.

Plaintiff, the owner and holder of 150 shares of the capital stock of the defendant, brought this action pursuant to section 977-b of the Civil Practice Act to obtain the appointment of a permanent receiver of the New York assets of the defendant, a corporation organized under the laws of the Republic of Cuba.

The statute provides that an action may be brought in the Supreme Court...

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