Legal Opinion · Dissent

Baron v. Royal Paper Corp.

Appellate Division of the Supreme Court of the State of New York

Decided February 23, 1971Published

1Dissent

MoGivern, J. (dissenting).

Firstly, nowhere in the record

is the “ legend ” of any accountant, as stated by the majority, to the effect that “ the statement reflected the entries in the corporate books, but no verification beyond that was certified ”. But I do find a legend to the effect that “ The above balance sheet and supporting Schedules A-l to A-7 inclusive are subject to comments contained in the Letter of Transmittal and notes to financial statement which are an integral part of this report ’ ’. And I further find the letter of transmittal of the “ Report of Accounts” bears the ominous…

2Cases cited4 opinions

  1. Matter of SteinwayNew York Court of Appeals · 1899
  2. Aron v. GillmanNew York Court of Appeals · 1955
  3. Smilkstein v. J. Smilkstein & Sons, Inc.New York Supreme Court · 1961
  4. Bankers Trust Co. v. H. Rosenhirsch Co.New York Supreme Court · 1959

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