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GENERAL FILMS, INC. v. SANCO GEN. MANU. CORP.

153 N.J. Super. 369 (1977)

379 A.2d 1042

GENERAL FILMS, INC., PLAINTIFF-APPELLANT, v. SANCO GENERAL MANUFACTURING CORPORATION, DEFENDANT, AND SANDRA GALUTEN AND JERRY GALUTEN, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided November 2, 1977.

Attorney(s) appearing for the Case

Mr. Harry V. Osborne, II argued the cause for appellant (Messrs. Evans, Koelzer, Marriott & Osborne, attorneys).

Mr. Theodore J. Labrecque argued the cause for respondents (Messrs. Labrecque, Parsons & Bassler, attorneys).

Before Judges CONFORD, MICHELS and PRESSLER.

The opinion of the court was delivered by CONFORD, P.J.A.D.

The only issue on this appeal is whether defendants Sandra Galuten and Jerry Galuten, who were principals of defendant Sanco General Manufacturing Corporation (Sanco), are liable to plaintiff as alleged participants in what is claimed by plaintiff to be a breach of trust by Sanco with relation to funds advanced to it as a broker, by plaintiff, to acquire for it a specific lot of materials. No issue is raised...

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