Lichman v. Moore

CONNOR, District Judge.

Action by the trustee in bankruptcy of the M & M Power Tool Mfg. Co., Inc., praying that he be adjudged the owner of U. S. Letters Patent No. 2577975.

The facts, undisputed, are as follows: On May 29, 1952, the organizers of the bankrupt corporation filed articles of organization in the Commonwealth of Massachusetts, indicating that the amount of capital stock would be 500 shares of common without par value, to be paid for in cash, 250 shares, in property, patent rights No. 2677975, 250 shares. On July 21, a certificate of incorporation was issued setting forth the above…