Lebeis v. Rutzen

Fred W. Lebeis, plaintiff, his brother, Walter Lebeis, and another brother, Oscar A. Lebeis, one of the defendants herein, were partners in the Lebeis Hosiery Company, a jobbing concern, located at Chippewa Falls, Wis. Previous to 1923, the firm became interested in the Home-maid Hosiery Mills at Bay City, whose product, manufactured by defendants Rupff and Rutzen, the Lebeis brothers had found readily salable. After some negotiations, the concerns were merged in a new corporation known as the Evenknit Hosiery Mills, with a capitalization of $75,000 preferred and $100,000 common stock. Each…