Levine v. Pat-Plaza Amusements, Inc.

In this special proceeding petitioners Irving Levine and Patricia B. Crespi seek judgment directing inspection of the minute hook, stock certificate book and stock ledger of Pat-Plaza Amusements, Inc., and delivery of certain of its financial statements. The title of the action states that it is brought pursuant to section 624 of the Business Corporation Law, but being confronted with the facts that (1) neither petitioner is a stockholder of record and (2) that the transfer to petitioner Levine of part of petitioner Crespi’s stock may be in violation of a stockholders ’ agreement and may have…