Chase Wholesale Electric Inc. v. Parker Oil Co.

O’BRIEN, J.,

*206I.FINDINGS OF FACT

1. Chase Wholesale Electric Inc. operated an electrical supplies distribution business in a building located at 9th and Phillip Streets in the Borough of Stroudsburg, Monroe County, Pa. from 1962 until December 1981.

2. The corporate stock of Chase Wholesale Electric Inc. was solely owned by a Gerald Fierman whose son Daniel Fierman was appointed manager of Chase in 1979, shortly after his graduation from college.

3. Daniel Fierman was inexperienced as a manager but understood that he was responsible to direct the operations of the business and maintain the…