Houston v. Dexter & Carpenter, Inc.

GRONER, District Judge.

W. W. Houston and Paul R. James, plaintiffs, are partners in the wholesale coal business, having offices in Norfolk and New York, under the trade name of Pan-Handle Coal Company. Dexter & Carpenter, Inc., defendant, is a corporation, also engaged in the wholesale coal business, with offices in New York and Boston. The J. B. B. Coal Company is a corporation, with its principal office (formerly) in Detroit, Mich. It owned a coal mine in West Virginia.

In the latter part of July, 1920, one Stone, an officer in a corporation owning a minority of its stock, came to New York…