LEWIS v. STEINHART


40 A.D.2d 817 (1972)

Martin Lewis, Petitioner, and Leonard D. Lewis, Appellant, v. Joseph Steinhart et al., Respondents

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

November 30, 1972


Appellant shall recover of respondents $60 costs and disbursements of this appeal. It is clear, as the court below observed at Special Term, that the meeting under attack in this proceeding did not possess the necessary quorum and affirmative votes required by the corporate charter and by-laws. The judgment below, and respondents' position, fails to give adequate recognition to the fact that stockholders, even as a body, cannot make contracts for the corporation where the...

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