Nash v. Gay Apparel Corp.

Upon the foregoing papers this proceeding to direct defendants to permit an inspection of the books and records of the corporate defendant and its subsidiaries is denied and the cross motion to dismiss the petition is granted.

It appears from the petition and the terms of the contract annexed thereto that petitioner has only a contingent interest in the stock. which is still registered in his name. Under the contract petitioner sold his stock to the corporation. The stock is held in escrow pending final payment of the purchase price. Outside of the right to have the stock returned to him in…