Order of the Supreme Court, New York County (Harold Baer, Jr., J.), entered November 7, 1986, which denied plaintiffs’ motion to dismiss defendants’ first counterclaim and granted plaintiffs’ motion to dismiss defendants’ second counterclaim, but without prejudice, unanimously reversed to the extent appealed from, on the law, and plaintiffs’ motion to dismiss is granted as to both counterclaims which are dismissed without leave to replead, with costs.
The appeal from the order of the same court entered November 7, 1986 is dismissed as superseded by the appeal from the second order entered on the same date disposed of in the preceding decretal paragraph, without costs.
Plaintiffs Winston and Ruby Allen, as 14% shareholders in the Murray House Owners Corporation, brought an action against the cooperative corporation, its officers and its board of directors alleging that the defendants violated corporate bylaws by borrowing $2 million for capital improvements without shareholder approval. In the defendants’ amended answer, they asserted two counterclaims which plaintiffs moved to dismiss. The Supreme Court denied plaintiffs’ motion as to the first counterclaim but dismissed the second counterclaim "at this time”. We reverse and grant plaintiffs’ motion to dismiss both counterclaims without leave to replead.
Even if defendants’ first counterclaim is construed liberally, as required by CPLR 3026, it fails to state any cause of action
