Legal Opinion

Simonson v. Helburn

New York Supreme Court

Decided May 17, 1950PublishedCited by 3 opinions

1Opinion of the CourtGavagan, J.

This is a declaratory judgment action in which the plaintiffs seek to have a stockholders’ agreement declared illegal. In addition they ask the court for coercive relief re-establishing the ownership interests in the corporation as they existed prior to the agreement.

The agreement was executed on January 7, 1941. At that time the distribution of stock in the Theatre Guild, Inc., was as follows: The plaintiffs or their predecessors in interest and the defendants Langner, Helburn and Wertheim each owned 1.000 *433shares of nonvoting 6% preferred and one share of common; the defendant Munsell owned…

2Cases cited8 opinions

  1. Kavanaugh v. . Kavanaugh Knitting Co.New York Court of Appeals · 1919
  2. Clark v. DodgeNew York Court of Appeals · 1936
  3. McQuade v. StonehamNew York Court of Appeals · 1934
  4. Long Park, Inc. v. Trenton-New Brunswick Theatres Co.New York Court of Appeals · 1948
  5. In re DoelgerAppellate Division of the Supreme Court of the State of New York · 1938

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3Cited by3 opinions

  1. In re Stylemaster Department Store, Inc.New York Supreme Court · 1956
  2. Hungarian Freedom Fighters Federation, Inc. v. SamsonNew York Supreme Court · 1961
  3. Scott v. CordNevada Supreme Court · 1959

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