Case Name: In the Matter of Lucille Sloane, as Stockholder of 425 West 25th Street Corp., Appellant, against Officers and Directors of 425 West 25th Street Corp., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1955-12-06
Citations: 1 A.D.2d 652
Docket Number: 
Parties: In the Matter of Lucille Sloane, as Stockholder of 425 West 25th Street Corp., Appellant, against Officers and Directors of 425 West 25th Street Corp., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 1
Pages: 652–652

Head Matter:
In the Matter of Lucille Sloane, as Stockholder of 425 West 25th Street Corp., Appellant, against Officers and Directors of 425 West 25th Street Corp., Respondents.

Opinion:
Order dismissing petition by stockholder to examine the books and records of the corporation unanimously reversed and the petition granted, with $20 costs and disbursements to the appellant. There are no facts averred in the record tendering the issue of bad faith on the part of petitioner. Facts showing a lack of gratitude are not a substitute for establishing an issue of bad faith or improper motive. The date for the examination to proceed shall be fixed in the order. Settle order on notice. Concur — Breitel, J. P., Bastow, Botein, Rabin and Cox, JJ.