National Chemical Manufacturing Co. ex rel. Paul v. United States

The National Chemical Manufacturing Company was incorporated about May 1,1915, and purchased all of the assets of the National Chemical Manufacturing Company, a partnership, including good will and a certain formula for an antifreezing mixture used in the manufacture of nitrotoluol and known as N. T. The World War having created a demand for trinitrotoluol, a high explosive commonly known as T. N. T., the company shortly after its incorporation ceased manufacturing N. T. and began the manufacture of T. N. T. which it continued until the end of the World War. The cessation of hostilities ended…