Case Name: Clifford W. Reid et al., as Executors and Trustees under the Will of William C. Reid, Deceased, Suing on Behalf of Themselves and All Other Stockholders of Long Island Bond and Mortgage Guarantee Company, Similarly Situated, Appellants, v. Long Island Bond and Mortgage Guarantee Company et al., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1950-06-12
Citations: 277 A.D.2d 888
Docket Number: 
Parties: Clifford W. Reid et al., as Executors and Trustees under the Will of William C. Reid, Deceased, Suing on Behalf of Themselves and All Other Stockholders of Long Island Bond and Mortgage Guarantee Company, Similarly Situated, Appellants, v. Long Island Bond and Mortgage Guarantee Company et al., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 277
Pages: 888–888

Head Matter:
Clifford W. Reid et al., as Executors and Trustees under the Will of William C. Reid, Deceased, Suing on Behalf of Themselves and All Other Stockholders of Long Island Bond and Mortgage Guarantee Company, Similarly Situated, Appellants, v. Long Island Bond and Mortgage Guarantee Company et al., Respondents.

Opinion:
In an action to compel distribution, by dividend, of corporate earnings, order granting motion to dismiss the complaint upon the ground that the complaint does not state facts sufficient to constitute a cause of action and granting leave to serve an amended complaint, affirmed, with $10 costs and disbursements. Appellants may serve an amended complaint, if so advised, within twenty days after entry of order hereon. No opinion. Nolan, P. J., Carswell, Adel, Sneed and Wenzel, JJ., concur. [198 Misc. 460.]