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HUNTSBERRY'S, INC. v. DU BONNET SHOE CO.

No. 2164.

143 A.2d 92 (1958)

HUNTSBERRY'S, Inc., a corporation, Appellant, v. DU BONNET SHOE CO., Inc., a corporation, Appellee.

Municipal Court of Appeals for the District of Columbia.

Decided June 20, 1958.

Attorney(s) appearing for the Case

Laidler B. Mackall, Washington, D. C., with whom Karl E. Bakke, Washington, D. C., was on the brief, for appellant.

Philip Shinberg, Washington, D. C., for appellee.

Before ROVER, Chief Judge, and HOOD and QUINN, Associate Judges.

QUINN, Associate Judge.

Appellant corporation, a retailer of shoes, has a branch store located in the District of Columbia. In June 1956, Mr. Huntsberry, its president, loaned $1,000 to one Jack Abowitz, the president and principal stockholder of Caughey Footwear, a corporation apparently engaged in the manufacture of shoes. Mr. Huntsberry was acquainted with Mr. Abowitz and had transacted business with him previously. It was agreed the loan was to be repaid in the...

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