People v. Hooker

This is an action brought by the Attorney-General to restrain the defendants from selling stock pursuant to article 23-A of the General Business Law. The defendants are two corporations and an individual, the latter being president and the active factor of both. Though unusually fluent he was a witness who was wordy rather than clear and the volume of his testimony was not a satisfactory substitute for quality. As far as could gathered, one of the defendants, Film Network, Inc., was organized for the purpose of financing the creation of a series of corporations of which Master Television…