MTR. OF BRADSTREET (HIGGINSON CORP.)


25 A.D.2d 348 (1966)

In the Matter of the Claim of William C. Bradstreet, Respondent. Lee Higginson Corporation, Appellant; Martin P. Catherwood, as Industrial Commissioner, Respondent

Appellate Division of the Supreme Court of the State of New York, Third Department.

May 6, 1966.


Attorney(s) appearing for the Case

Sullivan & Cromwell (Cornelius B. Prior, Jr., of counsel), for appellant.

Myron George Lasser for William C. Bradstreet, respondent.

Louis J. Lefkowitz, Attorney-General, for Industrial Commissioner, respondent.

GIBSON, P. J., REYNOLDS, TAYLOR and AULISI, JJ., concur.


HERLIHY, J.

The claimant, in the jargon of the financial world, was a "Senior Security Analyst" employed as a specialist in the "oil and natural gas industry". In the course of such business he recommended to his employer an investment in certain Louisiana leaseholds and upon its refusal, sought and obtained permission to further the enterprise as a private transaction and which eventually resulted in the sale of three separate leasehold interests to...

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