Case Name: Westchester Fire Insurance Company, Appellant, v. The Syracuse, Binghamton and New York Railroad Company et al., Respondents, and Honor B. Douglas et al., as Executors of William R. Barr, Deceased, et al., Appellants, Impleaded with Others
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 1922-04-25
Citations: 233 N.Y. 600
Docket Number: 
Parties: Westchester Fire Insurance Company, Appellant, v. The Syracuse, Binghamton and New York Railroad Company et al., Respondents, and Honor B. Douglas et al., as Executors of William R. Barr, Deceased, et al., Appellants, Impleaded with Others.
Judges: 
Reporter: New York Reports
Volume: 233
Pages: 600–600

Head Matter:
Westchester Fire Insurance Company, Appellant, v. The Syracuse, Binghamton and New York Railroad Company et al., Respondents, and Honor B. Douglas et al., as Executors of William R. Barr, Deceased, et al., Appellants, Impleaded with Others.
Stocks and stockholders —■ corporations —• railroads — action by minority stockholder to have canceled and declared void a lease of corporate properly.
Westchester Fire Ins. Co. v. Syracuse, B. <fe N. Y. R. R. Co., 192 App. Div. 463, affirmed.
(Argued March 15, 1922;
decided April 25, 1922.)
Appeal from a judgment, entered September 13, 1920, upon an order of the Appellate Division of the Supreme Court in the first judicial department, reversing a judgment in favor of plaintiff and directing a dismissal of the complaint. The action was brought by a minority stockholder of the Syracuse, Binghamton and New York Railroad Company .to cancel and have declared-void a lease of the said railroad to the Delaware, Lackawanna and Western Railroad Company upon the ground, among others, that the action of the majority stockholders in authorizing the lease was so unfair and oppressive, of the minority that the court should interfere for the protection of the" latter. . •
Benjamin G. Paskus, Sylvan Gotshal and Frank If. Tichenor for plaintiff, appellant.
Theodore L. Bailey for defendants, appellants.
Douglas Swift and William S. Jenney for respondents.

Opinion:
Judgment affirmed, with costs; no opinion.
Concur: Hogan, Cardozo, Pound, Crane and Andrews, JJ. Not voting: Hiscock, Ch. J. Not sitting: McLaughlin, J.