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


163 A.2d 264 (1960)

COMMERCIAL METALS COMPANY, a Delaware corporation, Appellant, Defendant below, v. PAN AMERICAN TRADE AND INVESTMENT CORPORATION, a Delaware corporation, American Rail and Steel Co., a Delaware corporation, and Milton E. Canter, Appellees, Plaintiffs below.

Supreme Court of Delaware.

July 26, 1960.


Attorney(s) appearing for the Case

John P. Sinclair of Berl, Potter & Anderson, Wilmington, for appellant.

George T. Coulson of Morris, Nichols, Arsht & Tunnell, Wilmington, for appellees.

SOUTHERLAND, C. J., and WOLCOTT and BRAMHALL, JJ., sitting.


SOUTHERLAND, Chief Justice.

Plaintiff Canter claims that he and the defendant, Commercial Metals Company, entered into an agreement of joint venture, and that Commercial Metals wrongfully excluded him from its consummation. He filed suit for an accounting. Commercial Metals denied the existence of the agreement. The Chancellor found for Canter and directed an accounting. The account was filed, exceptions were ruled on, and...

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