Moulton v. Lobdell-Emery Manufacturing Co.

Plaintiff, Clarence J. Moulton, had established a large business in the manufacture and sale of juvenile furniture of his own design at his plant in Traverse City, Michigan. Defendant, Lob-dell-Emery Manufacturing Company, manufactured and sold steering wheels and other articles of a similar nature at its plant in Alma, Michigan. Negotiations between them resulted in an oral agreement on May 1, 1940, under which defendant took over plaintiff’s business and created a department which it named the “Moulton Division” for the purpose of continuing it, and plaintiff was employed by defendant as…