Ordered that the decree is affirmed, without costs or disbursements.
On February 13, 1988, Thomas Carvel and Agnes Carvel executed a "stock power" purporting to transfer 115 shares in Chain Locations of America, Inc. (hereinafter Chain), from Thomas Carvel and Agnes Carvel to Thomas Carvel. Thereafter, however, no new stock certificates were issued and no other documents, such as corporate books, were amended to reflect Thomas Carvel's sole ownership. In addition...
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