Dancel v. Goodyear Shoe-Mach. Co.
Opinion of the Court
This action is brought upon a written agreement between Christian Dancel, the plaintiffs’ intestate, which, after reciting the assignment of several inventions and patents by him to the defendant, and among them No. 459,036, dated September 8, 1891, contained a provision that the defendant “doth agree to pay to said Dancel in each year while the United States letters pa tent No. 459,036 remains in force as a valid patent the sum of $5,000, as an annuity; such annuity to he payable monthly in installments of §416! each.” Personal representatives are not here named, full payment has been made of the sums accruing during the life of the intestate, and further payments are refused for want of survival as an annuity. The diligence of counsel has produced many cases wherein it is held that annuities run only during
Case-law data current through December 31, 2025. Source: CourtListener bulk data.