Markovitz v. Markovitz

Opinion by

Mr. Justice Barnes,

This is a proceeding for the removal of the defendant, Victor S. Markovitz, from the office of director of Markovitz Brothers, Inc., and to bar him from re-election thereto for a period prescribed by the court. It is based upon the provisions of Article IV, Section 405(c), of the Business Corporation Law of 1933.

As stated in our decisions in the Markovitz cases which recently have been before this Court 2 the majority shareholder interest in the corporation is held by Harry Markovitz, the survivor of the four brothers who established the business, and by the…