National Pigments & Chemical Co. v. C. K. Williams & Co.

THOMAS, Circuit Judge.

This is a suit under the Declaratory Judgment Act. Jud.Code § 274d, 28 U.S.C. A. § 400. It was commenced in equity by the appellee (hereinafter called Williams) against the appellant (hereinafter called National), seeking (1) to have determined the rights of the parties in a controversy involving two patent licensing contracts (herein referred to as contracts A and B) and (2) to secure an injunction against the appellant restraining it from suing the appellee and its subsidiaries in connection with the existing controversy.

Contract A is dated February 25, 1926, and…