KATZOWITZ v. SIDLER


29 A.D.2d 955 (1968)

Isador Katzowitz, Appellant v. Jacob Sidler et al., Respondents

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

April 8, 1968


As so modified, judgment affirmed, with costs to respondents. The findings of fact below are affirmed and additional findings of fact are made as indicated herein.

Plaintiff and the two individual defendants were the sole stockholders of the defendant corporation, each owning five shares thereof. These shares, having no par value, had been given a declared value of $100 by the board of directors. The total original capital investment in the corporation was $1,500...

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