Hollender v. Rochester Food Products Corp.

This action has been brought to dissolve a corporation for the reason that it has suspended its ■ ordinary and lawful business for at least one year. Pursuant to sections 101 and 102 of the General Corporations Law this Idnd of an action can only be brought by a stockholder after the Attorney-General of the State has failed to bring it, and leave has been granted to the stockholder by the court. Without deciding whether or not the plaintiff is barred from maintaining this action by reason of his failure to comply with this procedure, we pass to a consideration of the main or substantial point…