Palfrey v. Association for Relief of Jewish Widows & Orphans

Citations

• 110 La. 452
• 34 So. 600
• 1903 La. LEXIS 654

Syllabus

<p>CORPORATION — CHANGE OF CORPORATE NAME —SALE OF REALTY — VALIDITY.</p> <p>1. A corporation was organized in the year 1853 under the name of “Orphans’ Home,” for a stated number of years.</p> <p>2. Just prior to the expiration of the time for which it was organized it obtained, by amendment of its charter, another lease of life, and added the word “Prptestant,” so that it continued in the exercise of its functions as at first organized under the name of the “Protestant Orphans’ Home.”</p> <p>3. It bought land; afterward sold it to the plaintiff.</p> <p>4. In addition, all the members of the organization at the date of the sale signed the deed of sale to plaintiff. They transferred a complete title to him, which he accepted in good faith. The society had owned the property, at the date of the sale, more than 30 years.</p> <p>5. The members of the original association, which continued by amendment of its charter under the name of “Protestant Orphans’ Home,” sought to specially transfer the property from the “Orphans’ Home” to the “Protestant Orphans’ Home,” a useless formality, as it remained the property of the “Orphans’ Home,” known after the amendment of the charter as the “Protestant Orphans’ Home.”</p> <p>Held, the title is valid, and one which the plaintiff can be compelled to accept.</p> <p>(Syllabus by the Court.)</p>