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RIPLEY v. INT'L RYS. OF CENT. AM.

11 N.Y.2d 1059 (1962)

Charles B. Ripley et al., Individually and as Stockholders of International Railways of Central America, Suing on Behalf of Themselves and for All Other Stockholders Similarly Situated, Plaintiffs and Plaintiffs-Intervenors, v. International Railways of Central America, Respondent, et al., Defendants. T. Roland Berner et al., Appellants, v. International Railways of Central America, Respondent, et al., Defendant.

Court of Appeals of the State of New York.

Decided June 12, 1962.

Attorney(s) appearing for the Case

Harry Bijur, Alexander Kahan and M. Victor Leventritt for motion.

Abraham K. Weber opposed.

Motions granted to the extent that respondent International Railways of Central America be stayed, pending the hearing and determination of the appeal herein, from withdrawing any sum from the special account which would reduce the balance therein to less than $5,000,000. Case set down for argument during the September, 1962 session...

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