River Oaks Marine, Inc. v. River Oaks Marina Associates, Inc.

Order unanimously affirmed with costs. Memorandum: Petitioner contends that Supreme Court erred in dismissing its petition seeking a judgment directing respondent River Oaks Marina Associates, Inc. (Association), to hold a special meeting of its shareholders. Petitioner requested that the Association hold a special meeting of the shareholders to vote regarding removal of the members of the present Board of Directors and to elect new members to replace those who were removed. In its request, petitioner asserted that it "owned” 132 outstanding shares of stock in the Association and therefore…