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Appellate Terms of the Supreme Court of New York, 1940

Ellis v. Cohen

Ellis v. Cohen
Appellate Terms of the Supreme Court of New York · Decided November 7, 1940
175 Misc. 349; 24 N.Y.S.2d 24; 1940 N.Y. Misc. LEXIS 2420

Counsel

Charles J. Herson, for the appellant., Cowin, Gutman, Gangel & Cowin, for the respondent Alexander Cohen., Brower j Brill & Tompkins, for the respondent Arthur J. Vernon.

Ellis v. Cohen

Opinion of the Court

Per Curiam.

A body execution may not be issued to enforce a judgment obtained pursuant to section 15 of the Stock Corporation Law where the misapplication of the funds of the corporation was not accompanied by actual as distinguished from constructive fraud. (Hearn 45th St. Corp. v. Jano, 283 N. Y. 139, 143; Mann v. Chrestopules, 87 App. Div. 222.)

Order affirmed, with ten dollars costs and disbursements.

All concur. Present — McCook, Shientag and Noonan, JJ.

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