by Larry Clark » Mon Jan 18, 2010 10:05 pm
Nick: the intellectual property rights of Tucker Corporation, including the extensive set of blueprints ultimately purchased by David Cammack, were put up for sale by the Bankruptcy Court from October 18 - 20, 1950. The particular rights up for sale: "the right, title and interest in and to all patents and patent applications, including trademarks of Tucker Corporation, debtor herein, together with the goodwill of said debtor corporation." When the rights did not sell, the Trustees agreed to sell the same to Jay E. Darlington. Of particular interest to me, the goodwill language included the following:
"Also all the goodwill of trademarks of Tucker Corporation and the trustee pertaining to the manufacture or sale of automobiles, including the right to use the tradename "Tucker" in connection with the manufacture or sale of automobiles, but expressly excluding the right to use the name "Tucker Corporation" or "successor to Tucker Corporation."
I found the above document many years ago while doing research in the Federal Archives in Chicago. What is interesting is that Darlington's partner, Pat Dunn, said he personally scratched out the purchase cost of the document so people would not know how much Darlington paid for the rights. I have a photocopy of the document- in both places where the cost is listed it is scratched out.
What is ironic is that the heirs of Darlington/Dunn thought the blueprints and other great stuff acquired by Dave Cammack were so worthless that they tried to dump them off to be buried at a landfill.
About Dun and Bradstreet, you are partially on point. Patrick Dunn told me back in 1988 that he worked as an investigator for Dun and Broadstreet for 38 years. He used his relationship with them to help Darlington negotiate to purchase the intellectual property rights. I believe Dunn became a partner with Darlington at that time in the property rights. The investment firm they created for the rights: Plancorp 792, Research Associates.
Larry