Abuc Trading & Sales Corp. v. Jennings

James L. Bernard, who appears to have been at that time engaged in the business of scrapping or dismantling obsolete and disused ships, in the latter part of 1924 interested Louis Starr and John J. Lyons in the purchase of a ship, the Morganza, then lying in the James River. Later, he with Lyons and Starr, went to the offices of Ben Barber, Esq., an attorney with offices in New York City, and informed him that he had purchased a ship for the purpose of scrapping it, and that they needed a corporation to carry on a business of that character. Barber told them that he “had a corporation in the…