Keels v. Turner

CLARK, Judge.

I. Plaintiffs’ Appeal

The plaintiffs argue that the trial court erred in granting the motion of the defendant W. E. Turner under Rule 50 of the Rules of Civil Procedure for a directed verdict. We agree for the two reasons set forth below.

A. Piercing the Corporate Veil.

The evidence clearly indicates that defendant Turner failed to follow the formalities of the corporate organization; consequently, we are able to “pierce the corporate veil” and hold the defendant personally responsible on the instrument. Fidelity Bank v. Bloomfield, 246 N.C. 492, 98 S.E. 2d 865 (1957). See…