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STATE BY FURMAN v. JEFFERSON LAKE SULPHUR CO.

36 N.J. 577 (1962)

178 A.2d 329

STATE OF NEW JERSEY, BY DAVID D. FURMAN, ATTORNEY GENERAL OF THE STATE OF NEW JERSEY, PLAINTIFF-RESPONDENT, v. JEFFERSON LAKE SULPHUR COMPANY, A CORPORATION OF THE STATE OF NEW JERSEY, DEFENDANT-APPELLANT.

The Supreme Court of New Jersey.

Decided February 19, 1962.

Attorney(s) appearing for the Case

Mr. Charles J. Kehoe, Deputy Attorney General, argued the cause for plaintiff-respondent (Mr. David D. Furman, Attorney General, attorney).

Mr. Eberhard Deutsch, of the Louisiana Bar, argued the cause for defendant-appellant (Messrs. Stryker, Tams & Dill, attorneys; Mr. Arthur C. Dwyer, and Mr. Rene H. Himel, Jr. (Messrs. Deutsch, Kerrigan & Stiles) of the Louisiana Bar, of counsel).

The opinion of the court was delivered by FRANCIS, J.

The Chancery Division of the Superior Court declared invalid an amendment to the charter of the defendant corporation which was designed to circumvent the Custodial Escheat Act, L. 1951, c. 304, N.J.S. 2A:37-29 et seq. The subsequent appeal from the decision was certified on our own motion before argument in the Appellate Division.

Jefferson Lake Oil Co. was incorporated...

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