After expiration of its charter the defendant corporation, which had been operating under the name of "Trustees of the Young Harris Institute," continued to conduct the business for which it was incorporated, holding itself out to the public as a corporate entity under the name of "Young L. G. Harris College." Plaintiff sued on a contract for goods and services furnished to defendant as "Young L. G. Harris College." Held, defendant is a de facto corporation and cannot escape liability on the ground that there was in fact no legal corporation by the name of "Young L. G. Harris College." Hall v. Kimsey, (Ga. 1934) 173 S. E. 437.
CORPORATIONS -DE FACTO EXISTENCE OF CORPORATIONS WHERE CHARTER EXPIRED,
Mich. L. Rev.
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