MATTER OF AMATO


26 A.D.2d 599 (1966)

In the Matter of the Claim of Philip V. Amato, Appellant. Martin P. Catherwood, as Industrial Commissioner, Respondent

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

June 28, 1966


TAYLOR, J.

(Unemployment Insurance Law [Labor Law, art. 18], § 593, subd. 1, par. [a].) In 1962 claimant and one Gimourginas formed a corporation to engage in public construction work. Each contributed 50% of the capital of the corporation and received in exchange therefor one half of its capital stock. Claimant became its president and treasurer. Originally each of the stockholders drew weekly salaries of $125 plus an expense allowance of $25. Early...

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