MATTER OF MILTON POINT REALTY


13 Misc.2d 277 (1958)

In the Matter of the Dissolution of Milton Point Realty Co. Inc.

Supreme Court, Special Term, New York County.

July 11, 1958.


Attorney(s) appearing for the Case

Roosevelt & Freidin for petitioner.

William Massar for Milton Point Realty Co. Inc., and others.


VINCENT A. LUPIANO, J.

This is a proceeding for the voluntary dissolution of the subject corporation. The applicable part of section 103 of the General Corporation Law is as follows: "Unless otherwise provided in the certificate of incorporation, if a corporation has an even number of directors who are equally divided respecting the management of its affairs, or if the votes of its stockholders are so divided that they cannot elect a board of directors...

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