MATTER OF ASSOCIATED INDUS. OF NEW YORK STATE, INC. v. MURRAY


80 A.D.2d 648 (1981)

In the Matter of Associated Industries of New York State, Inc., as Settlor under an Agreement and Declaration of Trust of December 31, 1957, Respondent, v. James F. Murray et al., as Trustees, Appellants

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

February 4, 1981


Petitioner, Associated Industries of New York State, Inc. (Association), is a not-for-profit corporation which was incorporated in January, 1920. On December 31, 1957, it executed an "Agreement and Declaration of Trust" with three named trustees for the purpose of providing group life and accident insurance coverage under blanket policies to its members and their employees. Respondents are the present trustees of the trust. Pursuant...

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