Leviton v. North Jersey Holding Co.

The three suits were tried together. They involve members of the same group and have for their object the winding up of the affairs of the corporations and the distribution of their assets among the stockholders, upon the theory that the stockholders were partners doing business under corporate guise; and to place a receiver in charge. Each company is charteredinter alia to buy and sell real estate and was organized to develop adjacent tracts of land in Bergen county. The North Jersey Holding Company and the Queen Anne Park Holding Company have sold practically all their lots. The tracts of…