International Pulp Equipment Co. v. St. Regis Kraft Co.

54 F. Supp. 745, 1944 U.S. Dist. LEXIS 2489
CourtDistrict Court, D. Delaware
DecidedApril 10, 1944
Docket341
StatusPublished
Cited by21 cases

This text of 54 F. Supp. 745 (International Pulp Equipment Co. v. St. Regis Kraft Co.) is published on Counsel Stack Legal Research, covering District Court, D. Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
International Pulp Equipment Co. v. St. Regis Kraft Co., 54 F. Supp. 745, 1944 U.S. Dist. LEXIS 2489 (D. Del. 1944).

Opinion

LEAHY, District Judge.

Defendant, a Delaware corporation, was dissolved on September 30, 1940. Plaintiff 1 brought suit September 23, 1943. Summons was served on the Corporation Trust Company, as defendant’s resident agent. Defendant moved under Rule 12 of the Rules of Civil Procedure, 28 U.S.C.A. following section 723c, to quash and set aside the service of the summons. While the particular provision of Rule 12 which defendant desires to utilize is not specified, it is presumed to be (b) either (4) or (5), i.e., either insufficiency of process or insufficiency of service of process. The question on the motion, then, is the validity of the summons on the Corporation Trust Company;, or, generally, is service of process on a resident agent of a dissolved Delaware corporation invalid for the reason that the resident agent’s power to accept such service is terminated by the dissolution ?

Sec. 48 of the Delaware Corporation Law, 41 Laws of Delaware of 1937, c. 131, p. 276, provides for service of process on either the officers or directors who may be located within the State of Delaware, or upon the resident agent. 2 If service cannot be made on the individuals named, then a procedure is outlined for service on the Secretary of State of Delaware. 3 For purposes of discussion it is tacitly agreed by all that no officer or director of defendant resided in Delaware at the time of institution of suit. ' .

Sec. 42 of the Delaware Corporation Law, 43 Laws of Delaware 1941, c. 132, p. 457,, provides for the continuance of dissolved corporations for limited' purposes, and provides that suits may be commenced against such corporations at any time within three years after the dissolution. 4

*747 Defendant argues that the Delaware statutes in effect on September 23, 1943— the date of institution of suit here — provide that absent a proper appointment of a resident agent of a dissolved corporation designated by the directors as trustees or by receivers appointed under Sec. 43 of the Delaware Corporation Law, Rev.Code of 1935, c. 65, § 2075, p. 476, no service on a former resident agent can confer jurisdiction of the dissolved corporation upon this court. This argument is bottomed on an interpretation of Sec. 42 that, while the section continues corporations after dissolution for a period of three years for the purposes stated therein, there is no provision which provides what persons shall have power to do the various acts “for the purpose of prosecuting and defending suits by or against them [dissolved corporations], and of enabling them gradually to settle and close their business, to dispose of and convey their property * * * ”; in short, that Sec. 42 contains no automatic extension of the powers of directors or officers or of any resident agent. Thus, defendant contends, if a creditor desires to exercise the right to sue under Sec. 42, he must first make application to the Delaware Chancery Court under Sec. 43 to have the directors appointed trustees or have some person appointed receiver of the dissolved corporation; such persons may then appoint an agent upon whom service of process may be served. 5 But absent action under Sec. 43 and in the light of the elimination of old Secs. *748 41 and 42 in their entirety hy the Legislature in 1925, the defendant insists “the directors of a dissolved corporation * * * no longer possess the powers as ‘trustees under dissolution’ Therefore, defendant’s inevitable conclusion is that unless the Delaware Chancery Court “appoints” the former directors “trustees of and for the corporation” or “appoints receivers thereof” "no one has lawful power to act for the dissolved corporation.”

Defendant fails to consider that Sec. 42 creates a new right of substance, for at common law a dissolved corporation could neither sue nor be sued. See, Thompson, Law of Corporations 3d Ed., § 6510; Fletcher, Cyc. Corporations, Perm. Ed., § 8142; First Nat. Bank of Selma v. Colby, 21 Wall. 609, 22 L.Ed. 687; Commercial Bank v. Lockwood’s Adm’r, 2 Del. 8, 2 Harr. 8. The nature of the new right conferred is similar to that conferred by the various Lord Campbell Acts in keeping a legal wrong alive by creating a new cause of action which may be prosecuted to remedy the wrong. Since the matter is one of substance, it necessarily is controlled by the law of Delaware. American Transportation Co. v. Swift & Co., 2 Cir., 24 F.2d 310. There are many cases which have, in effect, rejected the argument urged by defendant here that action must first be had under Sec. 43 before suit may be com menced under Sec. 42. See, United Automatic Rifles Corp. v. Johnson, D.C., 41 F.Supp. 86; Trounstine v. Bauer, Pogue & Co., Inc., D.C., 44 F.Supp. 767; Arn v. Bradshaw Oil & Gas Co., 5 Cir., 93 F.2d 728. At least one Delaware authority runs counter to defendant’s argument. In Carle v. International Clay Products Co., 15 Del.Ch. 166, 132 A. 892, a case decided after the 1925 amendments referred to and relied on by defendant, it was held that, in an action under Sec. 43, good cause must be shown to have a receiver appointed during the three year period the corporation survives after dissolution. If a litigant has a cause of action against a dissolved corporation, it would hardly seem rational that Carle holds the litigant must first convince the chancery court he should be allowed to sue. Cf. Salembier v. Great Neck Bond & Mortgage Corp., 1937, 22 Del.Ch. 183, 194 A. 35. 6 In Eastman Gardiner & Co. v. Warren, 5 Cir., 109 F.2d 193, the Court said: “The argument of appellant ignores the fact, of which we take judicial notice, that the statutes of Delaware extended appellant’s life as a corporation for three years for the purpose of suing and being sued. See Section 2074 of the Revised Code of Delaware for 1935. As an additional safeguard, Section 2078 of said Code expressly provides that dissolution shall be no cause for abatement of any action pending on the date of the dissolution of any corporation. Harned v. Beacon Hill Real Estate Co., 9 Del.Ch. 411, 84 A. 229. Section 2075 permits the appointment of receivers, but their appointment is not mandatory.” No case has been discovered which decides or implies, and the conclusion is not reached here, that action must be had under Sec. 43 before suit may be brought under Sec. 42. In view of the right to sue under Sec. 42, as it has been construed here, the instant action may, therefore, be maintained.

But, the motion for decision is directed at the sufficiency of the service of the summons.

It is Delaware law that, after a corporate dissolution, absent a statutory provision, the agency relationship between the corporation, as principal, and its local resident agent, as agent, ceases; and the latter is no longer possessed of powers to act for its principal.

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Bluebook (online)
54 F. Supp. 745, 1944 U.S. Dist. LEXIS 2489, Counsel Stack Legal Research, https://law.counselstack.com/opinion/international-pulp-equipment-co-v-st-regis-kraft-co-ded-1944.