In re Cowles Realty Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by Matilda P. Cowles, a director and stockholder in the Cowles Realty Company, from an order of the Supreme Court, made at the Westchester Special Term and entered in the office of the clerk of the county of Westchester on the 28th day of July, 1920, denying the motion of said Matilda P. Cowles to dismiss the petition of Justus A. B. Cowles and Charles P. Cowles for the dissolution of the Cowles Realty Company and the appointment of a receiver of its property and to…
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Appeal by Matilda P. Cowles, a director and stockholder in the Cowles Realty Company, from an order of the Supreme Court, made at the Westchester Special Term and entered in the office of the clerk of the county of Westchester on the 28th day of July, 1920, denying the motion of said Matilda P. Cowles to dismiss the petition of Justus A. B. Cowles and Charles P. Cowles for the dissolution of the Cowles Realty Company and the appointment of a receiver of its property and to vacate the order issued on said petition to show cause why said corporation should not be dissolved.
1Opinion of the Court
Jenks, P. J.:
The appeal is from an order of the Special Term that denies a motion to vacate an order made on July 22, 1920, in proceedings under the General Corporation Law for voluntary dissolution of a corporation. The full board of directors consists of three persons, equal owners of all of the capital stock. The appellant, M. P. Cowles, is one of the three directors. She did not join in the petition for dissolution, and did not appear at the presentation of the petition, but as her absence seemed excusable the Special Term properly entertained her motion to vacate.
It is plain that the…
2Cases cited3 opinions
- Hitch v. . HawleyNew York Court of Appeals · 1892
- In Re the Voluntary Dissolution of Rateau Sales Co.New York Court of Appeals · 1911
- In re Hassam Paving Co.Appellate Division of the Supreme Court of the State of New York · 1912