MALLOY v. O'NEILL


242 A.D.2d 260 (1997)

661 N.Y.S.2d 34

Patrick E. Malloy, III, et al., Respondents, v. John O'Neill, Appellant

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

August 4, 1997


Ordered that the judgment is modified, on the law, by deleting the fourth and fifth decretal paragraphs thereof and substituting therefor a provision directing that the amounts of $6,258 and $892.99, representing stockholder loans payable to the plaintiff Malloy Air East, Inc., by the defendant, shall be deducted from the purchase price of the 49 shares of stock which the plaintiff Patrick E. Malloy, III is entitled to have transferred to him upon payment of the book value...

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