Hempstead v. Meadville Theological School

Per Curiam,

In 1924 the trustees of Meadville Theological School, a Pennsylvania corporation of the first class, organized under the Act of April 7, 1846, P. L. 497, proposed to do one of two things, whichever might be found lawful: (1) to sell all the assets of the corporation, and trans fer the proceeds to a new corporation to be chartered for like purposes under the laws of Illinois, or (2) to continue the old corporation, under the Pennsylvania charter, but carry on all the educational activities in Chicago under the wing of and by using the facilities of the University of Chicago. The…