Berman v. Griggs

Nülty, J.

This case comes before this court on appeal from the decree of the sitting justice dismissing the bill in equity filed by the plaintiffs as assignees of a Maine corporation known as Associated Builders & Construction Co. The defendants, Clifton T. Griggs and Paul M. Christian-son, were in reality the sole active owners of the company, the other defendant, Jacob Agger, an attorney, being joined as party defendant because of the facts which will subsequently appear.

The company found itself, in July, 1948, somewhat embarrassed by financial troubles, and, on August 10, 1948, a letter,…