Merrimac Chemical Co. v. Moore
Massachusetts Supreme Judicial Court
1Opinion of the CourtRugg, C.J.
This is an action of contract upon a written guaranty. The case was referred to an auditor, whose findings of fact were by stipulation of parties to be final. The auditor’s report set forth these facts: The plaintiff, a corporation organized under the laws of this Commonwealth, has been for many years engaged in the business of manufacturing and selling chemicals. The plaintiff owned all the capital stock of the Anderson Chemical Company, also organized under the laws of this Commonwealth, which in 1925 took over the assets and business of a New Jersey corporation of the same name and…
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