COSTABILE v. ESSEX LINOLEUM AND CARPET CO. INC.


98 N.J. Super. 224 (1967)

236 A.2d 625

HUGO COSTABILE AND AMERICO COSTABILE, PLAINTIFFS, v. ESSEX LINOLEUM AND CARPET CO., INC., FEDERATED BUILDING CORP., ANTHONY COSTABILE AND PASQUALE COSTABILE, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided December 6, 1967.


Attorney(s) appearing for the Case

Mr. Thomas E. Durkin, Jr., attorney for plaintiffs.

Messrs. Lordi, Lordi & Bianchi, attorneys for defendant Pasquale Costabile (Mr. James P. Lordi appearing).

Mr. Harold Chipperson, attorney for defendants Essex Linoleum & Carpet Co., Inc., Federated Building Corp. and Anthony Costabile.


HERBERT, J.S.C.

Plaintiffs base their suit upon our statute relating to deadlocked corporations, N.J.S.A. 14:13-15. They filed their verified complaint and obtained an order directing defendants to show cause why the statutory relief being sought should not be granted. On or about the return day of the order to show cause it became apparent that there were disputes which would have to be resolved in order to decide whether the statute should or should not be...

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