Salerno v. J. S. Painting Corp.

By a petition and order to show cause “plaintiff” seeks to stay the individual “ defendants ”. from conducting a special stockholders’ meeting of defendant corporation. Plaintiff, and the individual defendants, (hereinafter called defendants) are the sole stockholders of the corporation. Defendants own 75% of the stock, plaintiff owns 25%.

*857Defendants caused to be served on plaintiff a notice to a special meeting of stockholders to be held on December 27, 1957 for the purpose of electing directors and officers of the corporation. The notice was signed by the three defendants as stockholders ;…