Vinylweld, Inc. v. Metropolitan Greetings, Inc.

MEMORANDUM and ORDER

AUSTIN, District Judge.

This matter concerns the judicial construction of certain provisions of the Illinois Attachment Act and the Illinois Business Corporation Act.

I

Plaintiff, an Illinois corporation, is a manufacturer of vinyl plastic products. In mid-1972, Defendant, a Massachusetts corporation, agreed to buy certain goods which Plaintiff agreed to manufacture and sell. At the conclusion of their dealings, a dispute arose as to the amount due to Plaintiff under the agreement. This action is the result of that dispute.

On March 19, 1973, Vinylweld commenced this…