Browar

Plaintiffs Browar and Krause brought suits against defendant seeking money judgments, and from an adverse judgment in each ease following a court trial each plaintiff now appeals.

Under the name of Wilshire Factors Company, plaintiff Browar’s business was that of a factor who purchased accounts receivable at a discount.

Defendant corporation is a mechanical construction and engineering firm engaged primarily in performing eonstrue *710 tion and engineering services on federal construction projects. In its business it employs subcontractors.

During 1953 and 1954, Irving I. Levin was employed by defendant as a subcontractor. In May, 1954, Levin sought to obtain money from plaintiff Browar. On May 29, 1954, a conversation took place among Browar, Levin and Paul Hardeman, the last named being president of defendant corporation. At or about that time a document entitled “Assignment of Monies” was executed by Levin with a signature “Aireorp, Incorporated By Irving I. Levin,” assigning to plaintiff Browar moneys due them or thereafter from defendant to “Aireorp, Incorporated.”

The document then contained a notification of this assignment signed by plaintiff Browar, and following this…