Portugal v. Reisman
Appellate Division of the Supreme Court of the State of New York
Appeal by the plaintiff, Louis Portugal, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 24th day of March, 1920, denying plaintiff’s motion for judgment on the pleadings and sustaining defendants’ demurrers to the complaint.
1Opinion of the Court
Dowling, J.:
The complaint herein sets forth that on or about May 2, 1918, plaintiff and the defendants Reisman and Tashker were the sole stockholders and constituted the entire board of directors of the defendant corporation. On that date they entered into a verbal agreement or understanding with each other as individuals and as stockholders and members of the board of directors of the defendant corporation, which agreement or understanding was thereafter to be reduced to a con*494tract under seal, by the terms of which it was agreed that in consideration of plaintiff’s surrender of his shares of…
2Cases cited2 opinions
- Christopher & Tenth Street Railroad v. Twenty-third Street Railway Co.New York Court of Appeals · 1896
- Christopher & Tenth Street Railroad v. Twenty-Third Street Railway Co.New York Supreme Court · 1894
3Cited by1 opinion
- Pershing Estates, Inc. v. HaywardNew York Supreme Court · 1962