In re Chartoff

The Referee has sustained four of six charges contained - in the petition against both respondents, and two charges against respondent Chartoff alone. Chartoff age 34, was admitted in 1953, and respondent Schwartz, age 32, was admitted in 1951. They formed a law partnership in 1954.

Not long after the formation of their partnership, respondents engaged in real estate deals for their own account. They organized several corporations, which, as sole stockholders and chief officers, they actively managed and used interchangeably. From the methods of operation it is evident that the business…