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MATTER OF McKAY v. TELEPROMPTER CORP.

36 Misc.2d 596 (1962)

In the Matter of David McKay et al., Individually and as Stockholders in Teleprompter Corporation, Petitioners, v. Teleprompter Corporation, Respondent.

Supreme Court, Special Term, New York County.

August 8, 1962

Attorney(s) appearing for the Case

Rosenman Colin Kaye Petschek & Freund (Max Freund, Harold S. Levy, William I. Weisberg of counsel), for petitioners. Katz, Moselle & Schier (David Z. Rosensweig of counsel), for respondent.

NATHANIEL T. HELMAN, J.

Motions Nos. 77, 78, 93 and 94 are consolidated.

Petitioners in these proceedings seek pursuant to sections 20 and 21 of the Stock Corporation Law an appraisal of shares of stock owned by them. Respondent moves to dismiss the first petition filed on the ground that it was not made returnable in accordance with statutory requirements. Apparently fearful of a jurisdictional defect, petitioners have commenced another proceeding...

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