MARKS v. PHILADELPHIA WHOLESALE DRUG COMPANY

Civ. A. No. 13560.

125 F.Supp. 369 (1954)

Edward MARKS and Maurice Kantro as Co-Partners, tr/as Industrial Factors v. PHILADELPHIA WHOLESALE DRUG COMPANY, a corporation.

United States District Court E. D. Pennsylvania.

October 28, 1954.


Attorney(s) appearing for the Case

A. Samuel Buchman, Philadelphia, Pa., for plaintiffs.

Richard E. McDevitt, Montgomery, McCracken, Walker & Rhoads, Philadelphia, Pa., for defendant.


CLARY, District Judge.

Plaintiffs are factors engaged in lending money to business enterprises which loans are usually secured by assignments of accounts receivable. This present action was brought to recover on an alleged account receivable assigned to plaintiffs for value by American Vitamin Associates, Inc., at the time in question a California corporation. The amount actually sought to be recovered by the plaintiffs is $6,800. On May 5, 1954, after trial, a jury...

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