PAN AMERICAN TRADE & I. CORP. v. COMMERCIAL METALS CO.

No. 328.

94 A.2d 700 (1953)

PAN AMERICAN TRADE & INVESTMENT CORP. et al. v. COMMERCIAL METALS CO.

Court of Chancery of Delaware, New Castle.

February 11, 1953.


Attorney(s) appearing for the Case

Henry van der Goes, of the firm of Young & Wood, of Wilmington, for plaintiffs.

David F. Anderson, of the firm of Berl, Potter & Anderson, of Wilmington, for defendant.


BRAMHALL, Vice-Chancellor.

The complaint alleges that plaintiffs and defendant agreed that plaintiffs would reveal to defendant where certain steel rail, cast-iron pipe, and steel pipe could be purchased and that if the defendant should be successful in purchasing said materials, the purchase and resale thereof would be handled between plaintiffs and defendant on a joint account basis, each sharing equally in expenses, investment...

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