Legal Opinion

Alexander v. Quality Leather Goods Corp.

New York Supreme Court

Decided February 7, 1934PublishedCited by 16 opinions

1Opinion of the CourtRosenman, J.

The plaintiff and defendants Weitz and Shum were each a director in, and an owner of one-third of all the capital stock of, the Quality Leather Goods Corporation (hereinafter called “ the old corporation ”).

On December 11, 1929, the plaintiff agreed in writing to sell to Weitz and Shum his one-third interest and to resign as a director and officer. As part of the purchase price the plaintiff received fifty promissory notes, each in the sum of $200, from his vendees. The agreement of sale provided: “ 3. The Certificate or Certificates of stock held by Julius Alexander shall be indorsed by him…

2Cases cited15 opinions

  1. Matter of TimmisNew York Court of Appeals · 1910
  2. Jackson ex dem. Russell v. RowlandNew York Supreme Court · 1831
  3. Stanton v. . MillerNew York Court of Appeals · 1874
  4. Baily v. . HornthalNew York Court of Appeals · 1898
  5. Ruggles v. LawsonNew York Supreme Court · 1816

10 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. Hasset v. Blue Cross & Blue Shield (In Re O.P.M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1985
  2. Keene Corp. v. Acstar Insurance (In Re Keene Corp.)United States Bankruptcy Court, S.D. New York · 1994
  3. 99 Commercial Street, Inc. v. GoldbergDistrict Court, S.D. New York · 1993
  4. In re El Paso Pipeline Partners, L.P. Derivative LitigationCourt of Chancery of Delaware · 2015
  5. Press v. Marvalan Industries, Inc.District Court, S.D. New York · 1976

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