Hay v. Brookfield
Appellate Division of the Supreme Court of the State of New York
Appeal by the plaintiff, James B. Hay, from an order of the Supreme Court, made at the Hew York Special Term and entered in the office of the clerk of the county of Hew York on the 20th day of December, 1913, granting the motion of Kate M. Brookfield to be made a party defendant in this action.
1Opinion of the Court
Clarke, J.:
This is a stockholder’s action. The complaint alleges that the defendants Frank and Henry M. Brookfield, in the year 1910, were and at the present time are directors of the Franklin Loan and Improvement Company, a Hew Jersey corporation, and did then and do now own and control 230 of the 250 shares of said company, and were the principal officers thereof and are now the sole officers of said company; that in the month of July, 1910, the entire assets of said company consisted of certain real estate situate in the town of Hutley, H. J., of the fair and reasonable value of at least…
2Cases cited7 opinions
- Pollitz v. . Wabash R.R. Co.New York Court of Appeals · 1912
- Chapman v. . ForbesNew York Court of Appeals · 1890
- McCrea v. . RobertsonNew York Court of Appeals · 1908
- McCrea v. McClenahanAppellate Division of the Supreme Court of the State of New York · 1906
- Lewisohn Bros. v. Anaconda Copper Mining Co.Appellate Division of the Supreme Court of the State of New York · 1898
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3Cited by2 opinions
- Archer v. HesseAppellate Division of the Supreme Court of the State of New York · 1914
- Hechler v. EmeryNew York Supreme Court · 1928