Tucker v. Binenstock

Opinion by

Mr. Justice Kephart,

Tucker and Binenstoek, the parties to this suit, with four others, organized in 1923 the New Century Realty Company. The purpose of the corporation, as outlined in its charter, was dealing in real estate, but its real purpose was the purchase of a brewery, and it did purchase the property operated by the Class & Nachod Company, a brewing concern. To further their plain, the Atlantic Brewing Company, another corporation, was formed. It leased this property from the New Century Company. The Atlantic Company was to operate the brewery in manufacturing near beer. The…