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ZUGER v. GIBSON

200 A.D.2d 354 (1994)

606 N.Y.S.2d 175

Nancy Zuger, Individually and as Chairman of The Committee of Gramercy Park Lot Owners, et al., Appellants, v. Constance D. Gibson et al., as Existing Trustees for Gramercy Park Lot Owners, et al., Respondents

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

January 4, 1994

The deed of trust establishes that the trustees have the authority, inter alia, to administer elections for successor trustees, among the owners of the lots adjoining Gramercy Park, whenever the number of remaining trustees falls below three, and to determine the appropriate procedure for carrying out such elections. Notably, the trustees have exclusively administered and determined the rules for all elections of successor trustees since the creation of the deed of...

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