In 1935, defendant, Julius Auserehl, organized and provided all the capital for two corporations, Jamaica Builders Supply Corp. (Jamaica) and Auserehl & Son Contracting Corp. (Auserehl & Son). Julius had two sons, Albert and William, who acquired ownership interests in both of the corporations. Plaintiffs in this action are the widow, children and grandchildren of Albert Auserehl, who died in 1969. On June 24, 1970 a formal plan of merger pursuant to article 9 of...
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