Koehler v. St. Mary's Brewing Co.
Supreme Court of Pennsylvania
Appeal, No. 49, Jan. T., 1910, by plaintiffs, from decree of C. P. Elk Co., April T., 1909, No. 1, dismissing bill in equity in case of Fred Koehler; Fred Koehler, guardian of Anna Belle Blass; Fred Koehler and E. W. King, trustees for Ida B. Clover, Florence M. Magenau, Ida S. King, and Anna Belle Blass; C. M. Conrad, F. A. Brevillier and Adolph L. Curtze v. St. Mary’s Brewing Company, William Kaul, John Kaul, J. K. P. Hall and George C. Simons.
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Appeal, No. 49, Jan. T., 1910, by plaintiffs, from decree of C. P. Elk Co., April T., 1909, No. 1, dismissing bill in equity in case of Fred Koehler; Fred Koehler, guardian of Anna Belle Blass; Fred Koehler and E. W. King, trustees for Ida B. Clover, Florence M. Magenau, Ida S. King, and Anna Belle Blass; C. M. Conrad, F. A. Brevillier and Adolph L. Curtze v. St. Mary’s Brewing Company, William Kaul, John Kaul, J. K. P. Hall and George C. Simons. Bill in equity to enjoin sale of corporate property. Before Orvis, P. J., specially presiding. The facts appear in the opinion of the Supreme Court.…
1Opinion of the Court
Opinion by
Mr. Justice Brown,
On December 22, 1908, the Elk County Brewing Company, a Pennsylvania corporation, proposed to the St. Mary’s Brewing Company, a like corporation, to purchase from it all of its franchises and property, real, personal and mixed, for the sum of $250,000. This was not to be paid in money, but in bonds of the purchasing company, running for thirty years and secured by a first mortgage on all of its property, rights and franchises. It further agreed to assume all the liabilities of the St. Mary’s Brewing Company and that said company should retain from its cash assets…
2Cases cited3 opinions
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