Houghten v. Restland Memorial Park, Inc.

Opinion by

Me. Justice Patterson,

This appeal is from the decree of the court below sustaining exceptions to the report of the auditor appointed by the court to distribute the funds in the hands of the receiver of Restland Memorial Park, Inc., a Pennsylvania corporation, organized for cemetery purposes.

Acting for himself and two others, as promoters of the proposed cemetery corporation, one Harry J. Horne obtained a written option, dated April 25, 1935, to purchase a tract of land owned by John Kukurin and William J. Shatlock, in Patton Township, for the price of $48,000. A charter was obtained…