Acoustical Screens in Color, Inc. v. TC Lordon Co., Inc.

CLAUDE WILLIAMS, Chief Justice.

T. C. Lordon Company, Inc. (hereinafter called “Lordon”), brought this action against W. A. Hoover and Acoustical Screens in Color, Inc. (hereinafter called “Acoustical”), seeking to recover the sum of $25,170, which had been advanced by Lor-don to Hoover for the purpose of promoting the company known as Acoustical. Lordon alleged that Hoover had promised to repay all of the money advanced or, in the alternative, that judgment should be rendered for the amount so advanced on the theory of money had and received. Acoustical filed a counterclaim for damages based…