New Jersey Court of Chancery May 21, 1934 (Munson Dye Works v. Jersey City)

Complainant is a corporation in the dyeing industry and purchased machinery from the receiver of Turner and Company which had been engaged in the same business on the premises in question. Turner and Company, at the time it went into the hands of a receiver, owed large sums for water to the city of Jersey City and the city had turned off the water supply in the factory.