Kinzbach Tool Co. v. Corbett-Wallace Corp.

The pertinent facts of this case, as presented by the record, viewed in the light of the trial court’s findings and judgment, are as follows:

This suit grows out of a transaction had between Kinzbach Tool Company and The Corbett-Wallace Corporation, both private corporations. For convenience, we will hereinafter refer to The Corbett-Wallace Corporation as Corbett, and tó Kinzbach Tool Company as Kinzbach. During the time here involved Kinzbach and Corbett were engaged in the oil field tool business in the City of Houston, Texas. In March, 1937, Corbett was owner of a sales right contract on a…