Aberthaw Construction Co. v. Ransome

This case is before us by a reservation upon the bill and demurrer. The material allegations of the bill may be summarized as follows:

The respondent is the inventor and patentee of a “ new and useful building material of concrete or similar substance and cold twisted metal bars embedded therein combined.” In February, 1896, he assigned one half interest in the letters patent to one Smith, and subsequently he and Smith each assigned his interest to the Ransome and Smith Company, a California corporation, so that the latter became the sole holder of the patent. In March, 1896, this company,…