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PATCO PRODUCTS, INC. v. WILSON

5 N.J. 543 (1950)

76 A.2d 677

PATCO PRODUCTS, INC., PLAINTIFF-RESPONDENT, v. HEDWIG ELLA WILSON, INDIVIDUALLY AND AS EXECUTRIX OF THE ESTATE OF ROBERT HARTMANN, DECEASED, FRIEDA HARTMANN, ANTHONY J.J.A. WILSON AND WILLIAM S. STUHR, RECEIVER IN BANKRUPTCY OF MULTI-PRODUCTS TOOL COMPANY, A CORPORATION, DEFENDANTS-APPELLANTS.

The Supreme Court of New Jersey.

Argued October 30, 1950.

Decided November 20, 1950.

Attorney(s) appearing for the Case

Mr. George R. Sommer argued the cause for respondent.

Mr. Felix Rospond argued the cause for the individual appellants (Messrs. Rospond & Rospond, attorneys).

Mr. John F. Lynch, Jr., argued the cause for appellant William S. Stuhr, receiver in bankruptcy of Multi-Products Tool Company (Mr. Edward J. O'Mara, attorney).

The opinion of the court was delivered by CASE, J.

The individual defendants, as a partnership doing business under the name of Multi-Products Tool Co., engaged in the transactions hereinafter mentioned. They later formed the corporation Multi-Products Tool Company, which is now in process of reorganization, appearing in this litigation by William S. Stuhr as trustee under Chapter X of the Federal Bankruptcy Act. The corporation took over the assets and liabilities...

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