Equipment Distributors, Inc. v. Adams

After trial to the court, judgment was entered in favor of the plaintiff to recover from the defendant Park, Inc., the sum of $2942.45, together with interest of $426.66 plus taxable costs. From the judgment in favor of the defendant, William C. Adams, the plaintiff has appealed.

The unchallenged finding of the court recites that the defendant Adams in October, 1972, was the sole stockholder and principal officer of the defendant corporation and as the principal officer was responsible for paying bills, making purchases, and arranging prices and financing for that corporation. In October,…