Employment Security Commission v. Arrow Plating Co.

Basically the facts of this case are not disputed. Before and including Friday, Febru*326ary 5, 1965, Frank C. Beck was doing business as the Wade Boring Works in Hamtramck, Michigan. On that Friday, Mr. Beck sold much of the assets of Wade Boring to Arrow Plating Company, Inc., for $15,500. The main asset of Wade Boring seems to have been the right of possession of the building leased by Wade Boring. This was true because the city of Hamtramck allowed the flushing of waste chemicals into the public sewer system, a distinct economic advantage in the plating business because of difficulty in…