KORFF v. G AND G CORP.


21 N.J. 558 (1956)

122 A.2d 889

SAMUEL Z. KORFF AND SARAH KORFF, PARTNERS T/A S. KORFF & SON, M.B. ALTMAN SONS, OSCAR HEYMAN & BROTHERS, AND HARRY GORDON & SON, PLAINTIFFS-RESPONDENTS, v. G AND G CORPORATION, AND MAUDE DAOUD, INDIVIDUALLY AND TRADING AS DAOUD BROTHERS, DEFENDANTS-RESPONDENTS.

The Supreme Court of New Jersey.

Decided May 28, 1956.


Attorney(s) appearing for the Case

Mr. Carl Kisselman argued the cause for co-plaintiffs-appellants Charles Penneys and Samuel Penneys.

Mr. Harry Miller argued the cause for defendant-respondent Robert C. Koury, guardian ad litem of George J. Daoud, II.


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

On November 22, 1954 Samuel Z. Korff and others filed their complaint in the Chancery Division seeking the appointment of a receiver for the G and G Corporation and other relief. The complaint alleged that the plaintiffs were creditors of the defendant corporation which had been organized under the laws of New Jersey and had its principal place of business at 1523 Boardwalk, Atlantic City. It alleged further that...

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