MATTER OF FLEISCHER


79 A.D.2d 636 (1980)

In the Matter of William R. Fleischer, Appellant. Gift Pax, Inc., et al., Respondents

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

December 8, 1980


Order affirmed insofar as appealed from, with $50 costs and disbursements.

Petitioner, the holder of one third of the shares of stock in the respondent corporations, brought a proceeding pursuant to section 1104-a of the Business Corporation Law to dissolve said corporations. In the course of that proceeding, the respondent corporations exercised their option under section 1118 of the Business Corporation Law and elected to purchase the petitioner's shares, but when...

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