In a proceeding commenced pursuant to Business Corporation Law § 1104, petitioner alleges that under an agreement entered into between him and respondent, 50% of the outstanding voting shares of Three Hours Plants and Flowers, Ltd. were issued to him, and that the other 50% of the shares were held by the respondent.
It is undisputed that the corporation was organized for the purpose of operating a retail flower shop, and that under the agreement the shares were...
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