Arcadia Trailer Corp. - 1910s-1920s - Arcadia Truck Body Corp. - 1920s-1930s - Newark, New York
Twelve years later he became superintendent of the Associated Autocraft company of Syracuse and in -1932 assumed managership of the Hercules- Campbell ...
ASSOCIATED AUTOCRAFT INDSUTRIES INC. – ARCADIA TRUCK BODY CORP.
Associated Autocraft Industries, Inc. 1930-31 Syracuse & Arcadia Truck Body Corporation.
Of Newark, NY (Formerly August Schubert Wagon Company?)
Associated Autocraft Inc of Syracuse and Newark NY should be declared bankrupt according to an involuntary petition filed in Federal Court there today.
Associated Autocraft Inc at 338 South West St. specializes In the building of special automobile bodies for business purposes. They make school buses and commercial bodies for both domestic and International customers.
Busses Made by Associated Autocraft Inc.
To Transport Fifty Associated Autocraft Corporation Produces Vehicle For ... The Associated Autocraft corporation maintains a plant In Syracuse
Dec 13, 1931 Orirr c' VS Is of August Schubert Wagon Company and Associated Autocraft Inc. Bankrupts
SENECA FINANCE CORPORATION v. OAKES, 141 Misc. 355 (1931)
September 15, 1931.
On September 10, 1930, the Associated Autocraft Industries, Inc., made a proposition in writing to exchange units of shares of its own stock for units of stock and bonds of the Arcadia Truck Body Corporation.
On September 29, 1930, the plaintiff accepted the proposition and agreed to exchange $6,000 of the Arcadia Truck Body Corporation bonds and 461 shares of its stock for 45 shares of preferred stock, 45 shares of Class A common stock, and 69.15 shares of Class B common stock of the Associated Autocraft Industries, Inc., stock.
At the same time and apparently as an inducement for the above-mentioned exchange, the defendants herein signed a typewritten memorandum at the end of the proposal as follows:
"We, the Seneca Finance Corporation, of Syracuse, N.Y., agree to exchange $8,000.00 of the bonds of the Arcadia Truck Body Corp. and 461 shares of the stock as outlined above.
"James Moore and J.L. Oakes, representing the Associated Autocraft Industries, Inc., agree to purchase from the Seneca Finance Corp. at the expiration of six months one-half of the
securities exchanged for $2,250.00 and at the expiration of twelve months the balance of the securities at $2,250.00. The said Seneca Finance Corporation is to receive dividends to net
them 6 per cent during this period.
"It is also mutually agreed that the Seneca Finance Corporation may elect to retain the securities of the Associated Autocraft Industries, Inc., instead of accepting cash as outlined in the second paragraph, on either date as stated therein.
"It is further agreed that should Moore or Oakes desire to purchase before the six or twelve months period, the Seneca Finance Corp. agrees to make the decision at that time.
It appears from the moving papers that the Associated Autocraft Industries, Inc., of which the defendant Oakes is president, became the owner of all of the outstanding stock and bonds of the
Arcadia Truck Body Corporation, excepting the stock and bonds mentioned in the above memorandum, prior to November 1, 1930.
Plaintiff thereafter on its part performed all the terms and conditions of its contract, and on April 10, 1931, exercised its option and requested the defendants herein to purchase one-half of the Associated Autocraft Industries, Inc., stock secured by the plaintiff in the aforesaid transaction. The defendants refused, in accordance with the terms of the above memorandum, to purchase the stock. This action is brought to recover damages for the specific amount set forth in said memorandum, namely, $2,250.
The complaint sets forth the transactions outlined above and that the plaintiff exercised its option and elected to call upon the defendants to purchase one-half of said stock for said sum of $2,250. The answer admits the material allegations of the complaint, but sets forth as a defense: First. That the contract signed by the defendants is not their contract, but the contract of the Associated Autocraft Industries, Inc. Second, that the Arcadia Truck Body Corporation did not own the premises against which the bonds purport to be a lien.
There is no allegation anywhere in the answer claiming that any fraud was committed by the plaintiff on the defendants or the Associated Autocraft Industries, Inc., at the time of the exchange agreement. Evidently the defendants were familiar with the financial condition of the Arcadia Truck Body Corporation at the time.
These are motions, first, to strike out the affirmative defenses in the answer on the ground that they are sham, frivolous and insufficient in law; and second, for summary judgment under rule 113 of the Rules of Civil Practice.
The first question to be determined is whether or not the contract is the contract of the defendants herein, or that of the Associated Autocraft Industries, Inc. The defendants cannot give any testimony tending to change their personal liability upon the contract, so that so far as they are concerned the contract must be interpreted as it appears on its face. The motions to strike out both affirmative defenses and for summary judgment are granted.
In 1917 he entered the Arcadia Trailer Co of Newark as a fore- man and later became superintendent. Twelve years later he became superintendent of the… ( Mid-State Body Co.?)
Arcadia Trailer Corporation (aka Arcadia Truck Body Company?), - Newark, N.Y. - The dies, jigs, patterns and Manufacturing rights for the Babcock light commercial bodies were sold in July of 1928 to a Newark, N.Y. firm called the Arcadia Trailer Corp., which will add the Babcock line to its already existing Line of truck bodies it has been manufacturing for quite some time.
Arcadia Trailer Corporation - 19 Murray St, Newark, New York
Arcadias on Pneumatics:
A 3 1/2 ton Arcadia on 40x8 pnuematics. Bodies also built by us.
Four Wheel Trailers - 1 to 5 tons
Semi-trailers - 2 to 6 tons
Log and Pole Trailers - 2 to 6 tons
(all available with pneumatic or solid tires)
Can you correctly figure a trasnportatio problem without considering Trailers? Do you want to know more about Arcadia Trailers? - Write for "Trailerisms".
(July 15 1920 CCJ ad pp 284)
For more information please read:
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