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CONSOLIDATED FOODS CORPORATION v. PEARSON

No. 42037.

178 N.W.2d 223 (1970)

CONSOLIDATED FOODS CORPORATION, d.b.a. Booth Fisheries and Booth Cold Storage Company, Respondent, v. A. M. PEARSON and Eva M. Pearson, Appellants.

Supreme Court of Minnesota.

June 12, 1970.

Attorney(s) appearing for the Case

Thomson & Lovett and James L. Wahlfors, Minneapolis, for appellants.

Stringer, Donnelly, Allen & Sharood, St. Paul, for respondent.

Heard before KNUTSON, C. J., and ROGOSHESKE, SHERAN, PETERSON, and FRANK T. GALLAGHER, JJ.

OPINION

SHERAN, Justice.

Appeal from a judgment of the district court and an order denying a motion for a new trial.

Appellants, A. M. Pearson and his wife, Eva M. Pearson, were the sole owners and principal officers of a now defunct corporation called Sunbreak, Inc., whose business included the marketing of eggs. On December 9, 1966, Pearson submitted to respondent a financial statement for Sunbreak on...

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