Judgment reversed on the law and the facts and a new trial granted, with costs to abide the event.
On December 14, 1950 respondent Jewel Radio and Television Corporation of America, hereinafter referred to as the corporation, adopted resolutions to effectuate its liquidation and dissolution on or before December 30, 1950. Its attorney had advised that this action be taken in a letter dated November 27, 1950. For some time up to December 14, 1950, or at least up to...
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