Stone v. Commonwealth Finance Corp.

For present purposes, defendant may be regarded as identical with another corporation which it succeeded. Clarity and brevity will be served by referring to the corporation thus replaced as defendant. There was a subsidiary referred to herein as the Expositions Company.

The complaint shows that it was planned to have the subsidiary corporation establish a trade or commercial exposition at Buenos Aires; that to this end it sought and obtained contracts with prospective exhibitors who made payments for space, facilities and advertising and went to expense preparing their exhibits; that defendant…