CZECH CATHOLIC UNION v. REALTY CORP.

No. 33596.

160 Ohio St. 545 (1954)

CZECH CATHOLIC UNION, APPELLEE, v. SATLA REALTY CORP. ET AL., APPELLANTS; HRONEK, APPELLEE.

Supreme Court of Ohio.

Decided February 10, 1954.


Attorney(s) appearing for the Case

Messrs, Spieth, Spring & Bell, for appellees.

Messrs. Squire, Sanders & Dempsey, Mr. Paul J. Bickel and Mr. John Lansdale, Jr., for appellants.


HART, J.

The issue in this case as stated by the trial court is:

"Was Satla organized as a going concern with power to engage in business according to its general `purposes' article or was it organized only as a medium to liquidate the remaining assets of Atlas?"

The question as more specifically stated by the appellants is:

"Where an insolvent Ohio building and loan company is in voluntary liquidation under the supervision of the Common Pleas...

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