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Steinbugler v. Atwater Co., Inc.

Court of Appeals of the State of New York
Jan 14, 1943
47 N.E.2d 432 (N.Y. 1943)

Summary

In Steinbugler v. Atwater Co. (289 N.Y. 816, supra), when the "book value" was computed, it was found that stocks (in other corporations) owned by defendant Atwater were on the Atwater books at cost, which was concededly much higher than actual value.

Summary of this case from Aron v. Gillman

Opinion

Argued October 28, 1942

Decided January 14, 1943

Appeal from the Supreme Court, Appellate Division, Second Department, BRENNAN, J.

Joseph M. Proskauer, Frederick E. Crane, Eugene Eisenmann and Henry S. Miller for appellant.

Joseph S. Robinson, John W. Davis and John P. McGrath for respondent.




Judgment affirmed, with costs; no opinion.

Concur: LEHMAN, Ch. J., LOUGHRAN, FINCH, RIPPEY, LEWIS, CONWAY and DESMOND, JJ.


Summaries of

Steinbugler v. Atwater Co., Inc.

Court of Appeals of the State of New York
Jan 14, 1943
47 N.E.2d 432 (N.Y. 1943)

In Steinbugler v. Atwater Co. (289 N.Y. 816, supra), when the "book value" was computed, it was found that stocks (in other corporations) owned by defendant Atwater were on the Atwater books at cost, which was concededly much higher than actual value.

Summary of this case from Aron v. Gillman
Case details for

Steinbugler v. Atwater Co., Inc.

Case Details

Full title:JOHN L. STEINBUGLER, v. WILLIAM C. ATWATER CO., INC., Appellant

Court:Court of Appeals of the State of New York

Date published: Jan 14, 1943

Citations

47 N.E.2d 432 (N.Y. 1943)
47 N.E.2d 432

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