Legal Opinion
Sanders v. the Tropicana
Court of Appeals of North Carolina
Decided November 3, 1976No. 7626DC411PublishedCited by 11 opinions
1Opinion of the Court
CLARK, Judge.
The issue presented by this appeal is whether the Board of Directors of defendant cooperative corporation had the authority to deny consent to the transfer by the plaintiff of his stock subscription and proprietary lease. Relevant to the determination of this issue are the history and purpose of the cooperative apartment and the relationship between the owner-cooperative and the tenant-shareholder.
The defendant corporation was the owner of a cooperative apartment. A cooperative apartment is a multi-unit dwelling in which, as a general rule, each resident has (1) an interest in…
2Cases cited6 opinions
- Penthouse Properties, Inc. v. 1158 Fifth Avenue, Inc.Appellate Division of the Supreme Court of the State of New York · 1939
- Weisner v. 791 Park Avenue Corp.New York Court of Appeals · 1959
- 68 Beacon Street, Inc. v. SohierMassachusetts Supreme Judicial Court · 1935
- Victoria Mowatt v. 1540 Lake Shore Drive CorporationCourt of Appeals for the Seventh Circuit · 1967
- Wright v. Iredell Telephone Co.Supreme Court of North Carolina · 1921
1 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Kendall v. Ernest Pestana, Inc.California Supreme Court · 1985
- Jones v. O'CONNELLSupreme Court of Connecticut · 1983
- Isbey v. CrewsCourt of Appeals of North Carolina · 1981
- L & H Investments, Ltd. v. Belvey Corp.District Court, W.D. North Carolina · 1978
- Sinnissippi Apartments, Inc. v. HubbardAppellate Court of Illinois · 1983
6 more not listed; retrieve them via the Exa API.