Helbig v. Phillips

In 1921 a corporation known as Brilliant Silk Hosiery Company, Incorporated, was incorporated. All of the capital stock thereof had come into the hands of men employed in various capacities by the corporation in the year 1928, when a man named Ullman commenced negotiations for the purchase of the business conducted by that corporation for a merger with other similar mills. Eventually, a contract was executed on November 21st, 1928, whereby the American Exchange Irving Trust Company of New York City and the Bloomfield National Bank of New Jersey were made depositories of all of the stock held…