sentences:  Both companies passed into receivership in 1931, reemerging in 1932 as the Lambert Engine and Machine Company and the Monocoupe Corporation.In July 1934, the two companies joined under the newly formed Lambert Aircraft Corporation with "Monocoupe" continuing to operate under its own name.The company was dissolved in 1940 and its assets passed to the Monocoupe Aeroplane and Engine Corporation of Orlando, Florida.