Donovan v. Wechsler

Opinion

ROTH, P. J.

Respondent Frank P. Donovan, on May 3, 1966, through the efforts of one Salmonson, an independent salesman, executed a written contract with Venco Construction Company, a corporation (Venco) for the conditional sale of four items of construction equipment totaling in value, including finance charges, the sum of $26,742.39 (Sale). Appellant Wech sler, an attorney who defended the action in the trial court, held AlVz percent of the issued capital stock of Venco.

Prior to the consummation of the sale, Wechsler was told by Salmonson that Donovan intended to assign the Sale to…