Westinghouse Electric Supply Co. v. Hawthorne

During the summer of 1942, Farwest Fisheries, Inc., was operating, using, as its plant, property at Anacortes which it was purchasing under an executory contract of sale. In the fall of that year, Martinsen Shipyards, Inc., a corporation of which Martin H. Martinsen was president, acquired the vendee’s interest in the property, and converted the premises into a shipbuilding plant for the building of wooden boats or barges, for the construction of which the Martinsen company held a contract from the Federal government.

That company (to which we shall refer as Martinsen) proceeded to remodel the…