Bed v. Fallon

Plaintiff was engaged in the business of selling industrial diamonds. Defendant was engaged in the manufacture of broaches, gauges, and other precision instruments. On February 5, 1943, they entered into a written agreement which provided in part:

“Whereas the party of the first part (plaintiff) conceived the idea of using flat industrial diamonds on the flat surfaces of snap gauges and other precision instruments where an extremely hard and perfectly flat surface is required, which idea he has conveyed to the party of the second part (defendant), and which has been developed by them to a…