Crespinel

This is an appeal from a judgment for plaintiff in an action for damages for breach of contract by defendant Color Corporation of America, a corporation.

The agreement of employment was entered into on or about May 14,1948, by and between plaintiff and Cineeolor Corporation, the previous name of defendant. At the time of the execution of the agreement William T. Crespinel was still a director of Cineeolor Corporation, and had very recently retired as president thereof after the acquisition by the corporation of a motion picture exchange, which constituted an expansion of the scope of the corporation’s activities of which Crespinel did not approve. The uneontradicted testimony was that Crespinel had been in the business of color film processing in England and in the United States continuously from 1907; that he was a cofounder of Cineeolor Corporation in 1932; that in 1946 when he became president of the corporation it was operating at a loss, and that thereafter substantial profits were realized.

The agreement covering an initial period from May 15, 1948 through May 14, 1955, was drawn by Graham Sterling, Jr., who at the time was the secretary and attorney and one of the…