LICHTENSTEIN v. ELJOHNAN, INC.


161 A.D.2d 397 (1990)

Eleanore Lichtenstein, Appellant, v. Eljohnan, Inc., et al., Respondents Eleanore Lichtenstein, Appellant, v. Nager Electric Co., Inc., et al., Respondents

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

May 15, 1990


Plaintiff's father, defendant Edward F. Nager, organized Nager Electric Co., Inc. in 1923 and Eljohnan, Inc. in 1948. Edward dominated the businesses at all times until 1982, when he transferred the businesses to his son, defendant Jordan S. Nager. Plaintiff, Jordan and Edward's nephew, defendant Howard Marks, were officers of the corporation.

Starting in 1946, Edward occasionally issued stock certificates in the corporations in the names of plaintiff, Jordan or Howard...

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