Glens Falls Indemnity Company, a Corporation, and E. F. Grandy, Inc. v. American Seating Company, a Corporation

This is a diversity case. In the trial court, American Seating Company, a New Jersey corporation, was plaintiff. Glens Falls Indemnity Company, a New York corporation, E. F. Grandy, Inc., a California Corporation, and Farmers and Merchants Bank of Long Beach, a California bank, were defendants. Claims against the respective defendants were not separately stated, but one claim definitely was asserted against Glens Falls and Grandy. A different claim on a different theory was asserted against Farmers and Merchants Bank of Long Beach. Both claims arise out of the fact that American Seating on a…