Cartersville Candlewick Inc. v. Huiet

Groves, Justice.

(After stating the foregoing facts.) The plaintiff claims to have succeeded to the benefit-experience rating of Candlewick Yarn Mills, by reason of an amendment to section 7 (c) 7 (iv) of the Unemployment Compensation Law, passed by the General Assembly in 1943, which amendment provided in part: “That any corporation . . or other legal entity, who acquires by purchase, merger, consolidation, or other means, substantially all of the business or assets thereof, of any employer and who thereafter continues such acquired business, shall be deemed to be a successor to the…