Legal Opinion

In re Ideal Mutual Insurance

New York Supreme Court

Decided July 16, 1959PublishedCited by 2 opinions

1Opinion of the CourtCharles A. Loreto, J.

This proceeding is brought under section 25 of the General Corporation Law, which provides as follows: “Upon the application of any member aggrieved .by an election, and upon notice to the persons declared elected thereat, the corporation and such other persons as the court may direct, the supreme court at a special term thereof shall forthwith hear the proofs and allegations of the parties, and confirm the election or order a new election, as justice may fequire.”

Petitioners are (1) the lawfully elected directors of Ideal Mutual Insurance Company (“Ideal”) who were serving as directors prior…

2Cases cited5 opinions

  1. Triplex Shoe Co. v. Rice & Hutchins, Inc.Supreme Court of Delaware · 1930
  2. Rice & Hutchins Inc. v. Triplex Shoe Co.Court of Chancery of Delaware · 1929
  3. Wyatt v. ArmstrongNew York Supreme Court · 1945
  4. In re BogartAppellate Division of the Supreme Court of the State of New York · 1925
  5. Hauth v. Giant Portland Cement Co.Court of Chancery of Delaware · 1953

3Cited by2 opinions

  1. Schmidt v. Magnetic Head Corp.Appellate Division of the Supreme Court of the State of New York · 1983
  2. Tower Associates v. Boulevard Towers CondominiumAppellate Division of the Supreme Court of the State of New York · 2002

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