T & S Brass and Bronze Works, Inc. v. Pic-Air, Inc.

BUTZNER, Senior Circuit Judge:

In this diversity action for conversion and counterclaim for breach of contract, Pic-Air, Inc., appeals a judgment holding it liable to T & S Brass and Bronze Works, Inc., for $22,000, and holding T & S liable to Pic-Air for $14,931. We affirm the magistrate’s judgment with but slight modification. 1

I

In February 1981, T & S Brass, a supplier of plumbing fixtures, paid Pic-Air $22,-000 for the design and manufacture of tooling to be used to cast zinc faucet handles for T & S. The tooling, which T & S owned, remained in the possession of Pic-Air, enabling it to…