GILMAN PAPER CO. v. GILMAN


110 A.D.2d 592 (1985)

Gilman Paper Company, Appellant, v. Sondra G. Gilman, Individually and as Executrix of Charles Gilman, Jr., Deceased, et al., Respondents. In the Matter of The Estate of Charles Gilman, Deceased. Sylvia P. Gilman, Appellant Gilman Paper Company et al., Appellants, v. Julian S. Bush, as Guardian ad Litem et al., Respondents

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

April 25, 1985


The facts relating to the controversies here before us date back to 1967 when Charles Gilman, Sr. (Charles) died. During his lifetime Charles (and his father before him), had been the sole owner of the shares of stock in Gilman Paper Company (Paper). In 1948 he created an inter vivos trust which left control of the corporation in the hands of his sons Howard and Charles, Jr. (Chris), and the corporation's then general counsel, I...

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