CALTABIANO v. STATE BANK OF LONG ISLAND


59 A.D.2d 752 (1977)

Joseph V. Caltabiano, Respondent-Appellant, v. State Bank of Long Island, Appellant-Respondent

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

October 24, 1977


Order reversed, on the law, with $50 costs and disbursements payable to defendant, motion for summary judgment granted and complaint dismissed.

On July 18, 1972 plaintiff, a member of defendant's advisory board of directors, and that board's other members, were advised that the board of directors had authorized sale of the subject premises for $125,000 net to defendant. Plaintiff advised the other members that he believed he had a prospective purchaser, and, as a...

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