Singer Metals, Inc. v. Industrial Mgmt. Corp.

PATROSSO, J. pro tem.

This is an action for an accounting arising out of a joint venture between the parties. Prom a judgment in favor of the plaintiff in the sum of $23,384.56 defendant appeals.

On March 6, 1947, respondents, having previously purchased a large quantity of insecticide bombs from the United States government, entered into a written joint venture agreement with the appellant for the sale and disposition thereof. After providing that appellant should pay respondents one-half the cost of such bombs, the agreement which is in the form of a letter addressed by respondents to…