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MATTER OF CAVALLO v. DAVENPORT NECK CORP.

198 A.D.2d 104 (1993)

603 N.Y.S.2d 310

In the Matter of Jean Cavallo et al., Appellants, v. Davenport Neck Corporation, Respondent

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

November 16, 1993

This is a proceeding to direct the registration of certain shares of stock on respondent's books. Petitioners' decedent applied for membership in the Davenport Club, a beach club in New Rochelle, in 1967. The Club's bylaws provided that one of the requirements for membership was ownership of stock in respondent, which owned the property leased to the Club. Decedent purportedly obtained such stock from a resigning member, but when...

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