Hook v. Hook & Ackerman, Inc.

Opinion by

Mr. Chief Justice Horace Stern,

This is a suit in equity for an accounting for royalties allegedly due under a license agreement covering a patent for heater boilers.

The agreement was entered into in 1945 between Hook and Ackerman, Inc., a Pennsylvania corporation, and Harold S. Ackerman and plaintiff’s decedent, C. Howard Hook. The agreement declared that the individuals, Hook and Ackerman, were the owners each of an undivided one-half part of a patent No. 2,247,796 for heater boilers, and they granted the corporation the exclusive right and license to manufacture, use and sell…