(Download) "Matter Soll C. Roehner v. Gracie Manor" by Court of Appeals of New York # eBook PDF Kindle ePub Free
eBook details
- Title: Matter Soll C. Roehner v. Gracie Manor
- Author : Court of Appeals of New York
- Release Date : January 08, 1959
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 56 KB
Description
[6 N.Y.2d 280 Page 282] We agree with the Appellate Division that ordinarily the sale by a real estate corporation of its sole asset is not outside
the regular course of business so as to require stockholder consent (Stock Corporation Law, 20; Eisen v. Post, 3 N.Y.2d
518). The reason for this principle ceases to apply, however, where as is here alleged such sale is pursuant to a prior plan
of corporate dissolution. Eisen v. Post [6 N.Y.2d 280 Page 283]