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Title
Notes and Recent Decisions: CORPORATIONS: SHAREHOLDER ACTIONS: ACTION TO COMPEL DECLARATION OF DIVIDENDS HELD TO BE A DERIVATIVE SUITE UNDER SECURITY-FOR-EXPENSES STATUTE.
Deals with an action by a shareholder to compel the declaration of dividends within the meaning of the security-for-expenses statute in New York. Details of the case Gordon versus Elliman; Provisions of the right of corporation; Nature of the derivative suit.