Union Theatre Co. v. Osran Amusement Co.

Appellant and respondent were engaged in the conduct of moving picture theatres in the town of Bremerton, Washington, and entered into an agreement of consolidation of the theatres on October 31, 1921. According to this contract all the equipment, paraphernalia, furniture and fixtures, together with the possession of all the theatres owned by both appellant and respondent, were consolidated under the management of appellant, paragraphs 5 and 7 of the contract providing as follows:

“5. The Osran Amusement Company agrees to pay . and it shall pay to the party of the second part, or to its order,…