Kruger v. Gerth

In an action by minority stockholders of the defendant corporation, in which the complaint alleges: (a) one cause of action to compel the individual defendants, who are two of the corporation’s three directors, to dissolve the corporation; and (b) two causes of action to enjoin, as waste, the payment by the corporation of certain bonuses to the defendant Arthur A. Gerth and two other employees of the corporation, and to recover such bonus payments as have been made, the individual defendants appeal from so much of a judgment of the Supreme Court, Nassau County, entered May 19, 1964 upon the…