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PEOPLE v. PHILLIPS

4 Misc.2d 804 (1956)

The People of the State of New York, Plaintiff, v. Ben G. Phillips et al., Copartners Doing Business under the Name of B. G. Phillips & Company, Defendants.

Supreme Court, Special Term, New York County.

November 29, 1956.

Attorney(s) appearing for the Case

Jacob K. Javits, Attorney-General, for plaintiff.

Daniel J. Reisner for Ben G. Phillips, defendant.

William J. Duggan for receiver of B. G. Phillips & Company.

William Mertens, referee.

LeBoeuf, Lamb & Leiby for G. William Bailey, claimant.

Mansfield F. Goreth for Roy O. Eastman and another, claimants.

Frederick B. Merkle for Charles Greenwood and another, claimants.

George Berkowitz for Helen Palombo, claimant.

Sidney Steinhauer for Helen S. Cohn and another, claimants.

E. Henry Shappiro for David A. Stamler and another, claimants.

Sidney D. Kurtzman for Abe Nelson, claimant.

WILLIAM C. HECHT, J.

In March, 1954, this action was instituted by the Attorney-General of the State of New York, pursuant to article 23-A of the General Business Law (known as the "Martin Act"), to enjoin the defendants from engaging in fraudulent practices and for the appointment of a receiver to take possession of property derived by defendants therefrom. At the time of the institution of the action the Attorney...

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