Beach v. Beach Hotel Corporation

This is an appeal from an order of the Superior Court made in the course of a receivership action wherein a receiver was appointed for the defendant. The general situation out of which the present controversy arose is in part set forth in Wark Co. v. Beach Hotel Corporation, 113 Conn. 119, 154 Atl. 252. Erancis E. Beach, owning a piece of property in Bridgeport, entered into an agreement with the Development Service Corporation for the construction of a hotel upon it and the organization of a corporation to lease and operate the hotel. The defendant was organized and a lease of the premises…