[Download] "Independence Shares Corp. v. Deckert" by Circuit Court of Appeals, Third Circuit * eBook PDF Kindle ePub Free
eBook details
- Title: Independence Shares Corp. v. Deckert
- Author : Circuit Court of Appeals, Third Circuit
- Release Date : January 11, 1939
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 61 KB
Description
A bill of complaint was filed in the court below by the appellees against the appellant, Independence Shares Corporation, a Pennsylvania corporation, and certain affiliated companies. The appellees purchased Capital Savings Plan Contract Certificates issued by Capital Savings Plan, Inc., and have alleged in their bill of complaint that these were sold to them by the fraud and misrepresentations of Capital Savings Plan, Inc. by the use and means of instruments of transportation or communication in interstate commerce and by the use of the mails. At the time of the sales, Independence Shares Corporation was a wholly owned subsidiary of Capital Savings Plan, Inc. Upon December 31, 1938, however, Capital Savings Plan, Inc. and Independence Shares, Inc. merged and the appellant, the resultant corporation, acquired all of the assets and assumed all of the liabilities of Capital Savings Plan, Inc.
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