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TYLER v. GAS CONSUMERS ASSN.

34 Misc.2d 947 (1962)

Parker R. Tyler, Jr., for Himself as Stockholder of Gas Consumers Association and Other Stockholders Similarly Situated, Plaintiff, v. Gas Consumers Association et al., Defendants.

Supreme Court, Special Term, New York County.

May 4, 1962

Attorney(s) appearing for the Case

Cohn & Daniels for plaintiff. Frederick J. Ludwig for Gas Consumers Association, defendant.

NATHANIEL T. HELMAN, J.

In December, 1961, plaintiff Parker R. TYLER, Jr., commenced a derivative stockholders' action on behalf of Gas Consumers Association, which, as required by law, was joined as a party defendant.

The complaint alleged that "there are outstanding 50,000 shares of common stock and 33,033 shares of preferred stock of Gas Consumers Association". The complaint further alleged that the plaintiff Parker R. TYLER, Jr., is "the owner...

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