Legal Opinion
Alco Gravure, Inc. v. Knapp Foundation
New York Court of Appeals
Decided March 28, 1985Published
1Opinion of the Court
64 N.Y.2d 458 (1985)
Alco Gravure, Inc., et al., Appellants,
v.
The Knapp Foundation, Respondent.
Court of Appeals of the State of New York.
Argued January 10, 1985.
Decided March 28, 1985.
Joseph Calderon and Robert C. Harris for appellants.
John S. Siffert for respondent.
Chief Judge WACHTLER and Judges SIMONS and KAYE concur with Judge MEYER; Judge JASEN dissents and votes to order reargument in a separate opinion; Judge ALEXANDER taking no part.
MEYER, J.
Because the Not-For-Profit Corporation Law (N-PCL) provisions governing a Type B corporation[1] expressly incorporate a quasi-cy pres principle…
2Cases cited20 opinions
- Douglaston Civic Ass'n v. GalvinNew York Court of Appeals · 1974
- Sherman v. Richmond Hose Co. No. 2New York Court of Appeals · 1921
- St. Joseph's Hospital v. BennettNew York Court of Appeals · 1939
- National Organization for Women v. State Division of Human RightsNew York Court of Appeals · 1974
- Alco Gravure, Inc. v. Knapp FoundationNew York Court of Appeals · 1985
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