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ALBANY-PLATTSBURGH UNITED CORPORATION v. BELL

307 A.D.2d 416 (2003)

763 N.Y.S.2d 119

ALBANY-PLATTSBURGH UNITED CORPORATION, Respondent, v. JOHN L. BELL, Appellant. (Action No. 1.)

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

Decided July 3, 2003.

Carpinello, J.

In 1975, David R. White, John L. Bell, Le Roy J. Clark and Gerald R. Everleth collaborated to form Norpco Restaurant, Inc. for the purpose of operating a steakhouse in the City of Plattsburgh, Clinton County, under the trade name "Butcher Block." Prior to incorporating Norpco, these four individuals entered into a preincorporation agreement which provided, in pertinent part, that "no financial affairs of...

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