Shreve Chair Co. v. Manufacturers' Furniture Co.

Manufacturers’ Furniture Company (hereinafter referred to as the old corporation) was a domestic corporation, domiciled at the city of Little Rock and engaged in the mercantile business there. This corporation was dissolved on November 1, 1922, by voluntary resolution adopted by the majority in value of the holders of stock, as prescribed by statute. Crawford & Moses’ Digest, § 1823. Prior to the dissolution, this corporation sold all of its assets to a new domestic corporation called The Manufacturers’ Furniture Company (hereinafter referred to as the new corporation), composed of the same…