CAIN v. WHITE


377 S.W.2d 90 (1964)

Fred CAIN, Appellant, v. S. C. WHITE, Jr., Appellee.

Court of Appeals of Kentucky.

Rehearing Denied April 17, 1964.


Attorney(s) appearing for the Case

James F. Clay, Danville, for appellant.

Wesley Gilmer, Jr., Danville, for appellee.


WADDILL, Commissioner.

Neither appellant, Fred Cain, nor appellee, S. C. White, when terminating their partnership business in 1954, desired to dispose of his interest in a certain clip wheel upon which they had applied for a patent. Instead, they made it the subject of a separate contract by the terms of which Cain was permitted to manufacture this wheel so long as he paid White 55¢ for each unit he sold and guaranteed him a minimum payment of $500 a year. Pursuant...

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