Record MacHine & Tool Co. v. Pageman Holding Corp.

VALLÉE, J.

Appeal from a judgment in two consolidated actions: superior court Numbers 590631 and 659106. The judgment directs the county clerk to pay funds in his hands to Pageman Holding Corporation (superior court No. 590631), and adjudges that the plaintiffs take nothing from defendants (superior court No. 659106).

On April 16, 1947, Pageman Holding Corporation, called Pageman, agreed to assign five United States ¡letters patent and to convey certain real and personal properties to Record Machine and Tool Company, a corporation, called Record, for $100,000 on terms and conditions detailed in…