Legal Opinion

Harned v. Beacon Hill Real Estate Co.

Supreme Court of Delaware

Decided January 15, 1912PublishedCited by 27 opinions

In the matter of the petition of William Beadcnkopf to set aside sale by Robert Penington, receiver. Api eal from the Court of Chancery, respecting the petition of William Beadenlcopf to set aside a sale made by the receiver of the Beacon Hill Real Estate Company.

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In the matter of the petition of William Beadcnkopf to set aside sale by Robert Penington, receiver. Api eal from the Court of Chancery, respecting the petition of William Beadenlcopf to set aside a sale made by the receiver of the Beacon Hill Real Estate Company. The facts are stated in the opinion of the Court and in the report of the case in the Court of Chancery, ante p. 232. The sole basis of the appeal in the case at bar is, that when a coiporation created under chapter 273, volume 21, of the Laws of Delaware, and the amendments thereto, has become dissolved, it cannot be made a party…

1Opinion of the Court

Pennewill, C. J.,

(delivering the opinion of the Court): The defendant company was organized under the general corporation law of this State in 1900; and having subsequently failed for two consecutive years to pay the franchise taxes due the State, its charter was repealed, and the corporation dissolved, by proclamation of the Governor, February 17th, 1906. The company has never been reinstated, and the taxes are still unpaid. At the time of its dissolution the said corporation owned no property except a farm in Brandywine Hundred containing one hundred and fifty-four acres, and owed no debts…

2Cited by27 opinions

  1. Johnson v. Helicopter & Airplane Services Corp.District Court, D. Maryland · 1975
  2. Electrical Research Products, Inc. v. Vitaphone Corp.Supreme Court of Delaware · 1934
  3. Addy v. ShortSupreme Court of Delaware · 1952
  4. Wax v. Riverview Cemetery Co.Superior Court of Delaware · 1942
  5. Frederic G. Krapf & Son, Inc. v. GorsonSupreme Court of Delaware · 1968

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