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MODJESKA v. GREER

233 A.D.2d 589 (1996)

649 N.Y.S.2d 734

Paul A. Modjeska et al., Plaintiffs, and Pamela E. Franklin et al., Appellants, v. Janet E. Greer et al., Respondents

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

November 7, 1996

White, J.

Prior to September 13, 1971, Augustus P. Modjeska (hereinafter Augustus) owned six of the eight outstanding shares of capital stock in Modjeska Sign Studios, Inc. (hereinafter Modjeska). On that date, by means of a declaration of trust naming himself trustee and his wife, Sarah Modjeska, as successor trustee in the event of his death, Augustus placed his shares in trust for the benefit of his son, plaintiff Paul A. Modjeska (hereinafter plaintiff...

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