Glantz v. Willow Supply Co.

This is a suit to restrain violation of a covenant in restraint of trade. The complainants and the defendant Willow Supply Co., in 1942 were competitors in the business of selling materials for use in making and repairing advertising and other signs. Louis Perr was the president and practical owner of the company, and his wife, who is also a defendant, was the company's secretary. Due to war-time conditions, the defendants decided to get out of the business. On August 17th, 1942, complainants bought from the Willow Supply Co., for $6,481, all its stock in trade but not its fixtures, accounts…