The defendant Arabol Mfg. Co., a duly organized corporation, existing under the laws of the State of New York, had issued and outstanding 3,630 shares of common stock, and 3,720 shares of preferred stock, of which 150 shares of its preferred stock is in the hands of plaintiff, a testamentary trustee. It then sold all of the assets and good will to the Borden Company, another defendant, and...
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