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King Machine Co. v. Caporaso

Decided: January 13, 1949.

KING MACHINE COMPANY, INC., A CORPORATION OF THE STATE OF NEW JERSEY, AND J. KIRK HOPPER, PLAINTIFFS,
v.
LOUIS CAPORASO, LOUIS MARCUS, MAE CAPORASO AND MILDRED CAPORASO, DEFENDANTS



Grimshaw, J.s.c.

Grimshaw

[2 NJSuper Page 231] The plaintiff, King Machine Company, is a corporation of this State engaged in the business of

manufacturing oil burners. The company was organized in 1944. At the time when the series of transactions began with which this litigation is concerned, the common stockholders were:

Leonard C. Post, 11 shares,

Edith M. Post, 1 share,

Edgar L. Herz, 12 shares,

J. Kirk Hopper, 12 shares,

Charles K. Smith, 12 shares,

The preferred stockholders were:

Leonard C. Post, 79 shares,

Saddle River Reformed Church, 27 shares,

Edgar L. Herz, 11 shares,

Louis Schneider, ...


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