District Court, N.D. Iowa April 28, 1965, Civ. No. 63-C-2025-C (Boaz v. Sampson)

HANSON, District Judge.

This is an action on an oral contract.

Beam Industries, Inc. was formed a few years prior to 1960 as a small manufacturing company. The stock was at least largely held by persons residing in Webster City, Iowa. R. L. Sampson was an officer of Beam Industries, Inc.

In 1960, Manor-Vac, Inc. of California was formed.