In re Knaisch

Hubbs, J.:

The corporation involved in this proceeding was organized in 1918. The certificate of incorporation covers a great many things. It is quite apparent that the real purpose of the corporation was to build a plant for the manufacture of milk products. One of its purposes, as provided in its certificate of incorporation, was: “ To buy, sell, deal in, lease, hold or improve real estate.”

The Dairymen’s League Co-operative Association, Incorporated, is engaged in the manufacture and sale of milk products. The East Concord corporation operated its plant for a year or two and then leased it…