- 15 - 3. Rambach Chemical Corp. Rambach Chemical Corp. (Rambach) did business with Resyn beginning in 1952. From 1963 to 1967, Rambach paid Chemical Traders' bills for chemicals Resyn supplied to Rambach as follows: Year Amount 1963 $10,275.00 1964 63,043.36 1965 18,015.00 1966 126,870.00 1967 6,480.00 1969 14,425.00 1970 15,900.00 Petitioner told Rambach to mail payments for chemicals to his home. Harvey Rambach, president of Rambach, sent a letter to Leo Levitt, Chemical Traders, 128 Clinton Avenue, Newark, New Jersey, on March 10, 1969. The Post Office returned the letter undelivered, "Addressee Unknown". Chemical Traders did not have any production facilities when it dealt with Rambach. 4. MacArthur Petroleum & Solvent Co. From 1966 to 1969, MacArthur Petroleum & Solvent Co. (MacArthur) paid Chemical Traders for commissions and discounts on sales from Resyn to MacArthur. Under the agreement between Sande Wische, president of MacArthur, and petitioner on behalf of Resyn, MacArthur billed Resyn full price for chemicals that Resyn bought, and MacArthur paid Chemical Traders separately for any commissions and discounts it owed to Resyn. Petitioner deposited the checks from MacArthur for Resyn's discounts and commissionsPage: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
Last modified: May 25, 2011