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PUTNAM TOOL COMPANY v. UNITED STATES

No. 186-56.

147 F.Supp. 746 (1957)

PUTNAM TOOL COMPANY, a Michigan Corporation, in its own right and as successor in interest to E. C. Putnam and F. J. Nefske, D/B/A Putnam Tool Company, a Co-partnership, and E. C. Putnam and F. J. Nefske, D/B/A Putnam Tool Company, a Co-partnership, for the use and benefit of Putnam Tool Company, a Michigan Corporation, v. The UNITED STATES.

United States Court of Claims.

January 16, 1957.

Attorney(s) appearing for the Case

Fuller Holloway, Washington, D. C., for plaintiff. Lee I. Park, Charles D. Hamel, K. Martin Worthy, Fuller Holloway, and Hamel, Park & Saunders, Washington, D. C., were on the brief.

James H. Prentice, Washington, D. C., with whom was Asst. Atty. Gen. George Cochran Doub, for defendant.

Before JONES, Chief Judge, and LITTLETON, WHITAKER, MADDEN and LARAMORE, Judges.

MADDEN, Judge.

The plaintiff is a corporation which has succeeded to the rights and obligations of a former partnership. In this opinion the word plaintiff will be used to designate the partnership, and, in its turn, the corporation.

The plaintiff sues to recover a sum which represents the difference between the 4 percent interest which it says it should have been charged, and the 6 percent interest which it was in fact charged, on its indebtedness...

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