ELMO G. VALLE AND ODETTE SCHIELKE, PLAINTIFFS-RESPONDENTS-CROSS-APPELLANTS,
v.
NORTH JERSEY AUTOMOBILE CLUB, A MUTUAL ASSOCIATION INCORPORATED IN ACCORDANCE WITH TITLE 15 OF THE LAW OF THE STATE OF NEW JERSEY, PLAINTIFF-RESPONDENT, AND FLOYD HUGHES, ALEXANDER PATTERSON, PETER CALCIA AND CARLETON H. RITTER, DEFENDANTS-APPELLANTS, AND WALTER D. VAN RIPER, AUTO CLUB AGENCY OF HUDSON COUNTY, A CORPORATION OF THE STATE OF NEW JERSEY, DONALD HUGHES, ALEXANDER PATTERSON, JR., AND WILLIAM HOLLRITT. WILLIAM RICCARDO, PLAINTIFF-INTERVENOR-CROSS-APPELLANT,
v.
JAMES T. WHITE, DEFENDANT.
The Supreme Court of New Jersey.https://leagle.com/images/logo.png
Argued May 23, 1977.
Decided July 25, 1977.
Attorney(s) appearing for the Case
Mr. Albert S. Gross argued the cause for appellants Hughes, Paterson, Calcia and Ritter (Messrs. Gross, Demetrakis and Sinise, attorneys).
Mr. Howard Stern argued the cause for cross-appellants Valle and Schielke (Mr. A. Crew Schielke, Jr., attorney).
Mr. John B. Hall argued the cause for cross-appellant Riccardo (Messrs. Davies, Davies and Hall, attorneys).
Mr. James E. Flynn argued the cause for respondent (Mr. James P. Dugan, attorney).
The Supreme Court of New Jersey.
PER CURIAM.
In this derivative action the trial court held, 125 N.J.Super. 302 (Ch. Div. 1973), that defendants-appellants, directors of the North Jersey Automobile Club (Club), were jointly and severally liable for damages totalling $87,540 covering a period from 1965 to 1971. This spanned the time from when plaintiff-intervenor Riccardo became a member of the Club to when an insurance agency, originally acquired in 1951...
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