Appellate Division of the Supreme Court of the State of New York March 13, 1925 (Liebman v. Auto Strop Co.)

McAvoy, J.:

The primary relief sought is an injunction restraining the issue of a corporate stock dividend of the shares of a subsidiary company by the defendant Auto Strop Company. The Auto Strop Company owns 2,502 shares, a majority of the capital stock of the Auto Strop Safety Razor Company. Defendants Gaisman, Maas and Coleman own 1,002 shares of the Auto Strop Company.