Goss v. Kelvinator Corp.

This is a suit in assumpsit by which plaintiff seeks recovery from defendant of $427,000 and accrued interest. In a non-jury trial defendant had judgment and plaintiff has appealed. In 1926 plaintiff was the president and director, also a member of the executive committee and of the financial committee, of the Electric Refrigeration Corporation, a holding company having as subsidiaries and holding all the stock of the Nizer Corporation, the Leonard Refrigerator Company, and Kelvinator Company. In 1928 Electric Refrigeration Corporation by change of name became Kelvinator Corporation, the…