Rosiny v. Schmidt

McGuire, Theodore A. Schmidt and Max Levy became shareholders in C.L. McGuire & Co., Inc., pursuant to an agreement apparently drafted by the law firm of Lindenaur and Rosiny. Edward Rosiny, the plaintiffs’ father, was a member of that firm. C.L. McGuire & Co. operated an automobile repair business in a building located at 14-16 West End Avenue in Manhattan ("the premises”). In 1957, an opportunity arose to purchase the premises, and Ched Realty was formed for that purpose. The initial shareholders of Ched were Edward Rosiny, who owned 20 shares; and Charles McGuire and Theodore Schmidt, who…