Rubsam Corp. v. General Motors Corp.

On May 4, 1923, plaintiff’s assignors licensed defendant to manufacture, use and sell motor wheels, incorporating Rubsam’s inventions as set forth in IT. S. patent No. 1,395,362. This license was non-exclusive and did not require the licensee to pay any specified minimum amount of royalty; the licensor was to receive one and one-half cents for each wheel of a size applicable to cars of the touring type, weighing less than 2,000 pounds, and two cents a wheel, applicable to cars of greater size. The license not only included the inventions set forth in the patent named but also “any and all…