Kimmig v. Talmadge

The action is brought upon six promissory notes , aggregating $2,990.92, made by the Multivalve Corporation and indorsed by defendant, which notes were given to plaintiff by the defendant pursuant to a written agreement between them by which plaintiff licensed the defendant to manufacture and sell a radio tube device known as the Multivalve, which had been invented by plaintiff’s son.

Upon the trial the defendant relied upon the sole claim that the defendant entered into the contract in the belief that the license was of great value, whereas it in fact had no value, and, therefore, that the…