A constructive trust does not arise because of the expressed intent of a settlor, one who establishes a trust. It is created by a court whenever title to property is held by a person who, in fairness, should not be permitted to retain it. constructive trust in favor of the aggrieved party can be imposed on such property, so long as it remains in the hands of the wrongdoer or any person to whom the wrongdoer transfers it who is not a bona fide purchaser.
Selective yellow Noviol glass version shown. Corning Glass Works was founded in 1851 by Amory Houghton, in Somerville, Massachusetts, originally as the Bay State Glass Co. It later moved to Williamsburg, Brooklyn, New York, and operated as the Brooklyn Flint Glass Works. The company moved again to its ultimate home and namesake, the city of Corning, New York, in 1868 under leadership of the founder's son, Amory Houghton, Jr.
The first, historic step occurred on Oct. 31, 1938, when Owens-Illinois and Corning Glass officially spun off and incorporated Owens-Corning Fiberglas Corp., based in Toledo, Ohio. Owens Corning's operations today span the world.It is a leading global producer of residential and commercial building materials, including insulation and roofing shingles; glass-fiber reinforcements for products such as cars, boats, wind blades and smart phones; and engineered materials for composite systems.istory. Owens Corning began when an experiment with glass building blocks produced an unexpected result â it revealed a way to make glass fibers in commercial quantities. That discovery launched more than a new product.