Geltman v. Levy

I would hold that each cause of action in the amended- complaint is insufficient on its face excepting the “ Third” alleged cause of action, and, therefore, I dissent insofar as this court would affirm the order of Special Term of April 5, 1960 in its sustaining of the “First”, “ Fourth ” and “ Fifth ” causes of action.

In the “ First ” cause of action, the plaintiffs, suing individually and as administrators of the estate of Joseph- Geltman, deceased, allege that a real estate holding corporation, of which the estate was a 50% stockholder “ redeemed ” the other 50% of the stock from the…