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MULCO PRODUCTS v. BLACK

127 A.2d 851 (1956)

MULCO PRODUCTS, Inc. (formerly John H. Mulholland Co.), a corporation of the State of Delaware, Petitioner Below, Appellant, v. Howard W. BLACK, Respondent Below, Appellee.

Supreme Court of Delaware.

December 18, 1956.

Attorney(s) appearing for the Case

Aaron Finger (of Richards, Layton & Finger), Wilmington, for appellant.

William H. Foulk and William Duffy, Jr., Wilmington, for appellee.

SOUTHERLAND, Chief Justice, BRAMHALL, Justice, and HERRMANN, Judge, sitting.

SOUTHERLAND, Chief Justice.

This case concerns the validity of a judgment note given to Black (respondent below) by the Vice President and General Manager of John H. Mulholland Co. (the corporation), in the name of the corporation, purporting to evidence the corporation's indebtedness to Black in the sum of $25,000. The trial court, on the corporation's petition to open and vacate the judgment, held the note and judgment to be valid.

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