Marks v. Philadelphia Wholesale Drug Company

CLARY, District Judge.

Plaintiffs are factors engaged in lending money to business enterprises which loans are usually secured by assignments of accounts receivable. This present action was brought to recover on an alleged account receivable assigned to plaintiffs for value by American Vitamin Associates, Inc., at the time in question a California corporation. The amount actually sought to be recovered by the plaintiffs is $6,800. On May 5, 1954, after trial, a jury returned a verdict for plaintiffs in the amount of $269.-06 with interest for a total recovery of $318.36. Plaintiffs filed…