In re Aid Foundation, Inc.

This is an application for judicial approval of a proposed certificate of incorporation of Aid Foundation, Inc. under the Membership Corporations Laiv. The purposes of the corporation are stated to be exclusively charitable. The Avord “ aid ” has been construed to be synonymous Avith “ benefit ” and its inclusion in the corporate name disapproved (General Corporation Luav, § 9; Matter of Howard Aid Soc., 160 N. Y. S. 789; Matter of Antipoller Mut. Aid Soc., 100 Misc. 589). The inclusion in the corporate title of the Avord “ aid ” is not the sole objection since the scope of the charitable…