Thrift Federal Savings & Loan Ass'n v. Overton

ment only. I cannot agree that “the individualities of Kline and his corporation [Republic Escrow] are nonexistent.” It is hornbook law that a corporation is a separate legal entity from its shareholders, even when there is only one shareholder. E.g., First Natl. Bank of Chicago v. Trebein Co. (1898), 59 Ohio St. 316, 52 N.E. 834, paragraph one of the syllabus (“In contemplation of law a corporation is a legal entity, an ideal person, separate from the real persons which compose it. * * *”); BeWigged by Suzzi, Inc. v. Atlantic Dept. Stores (1976), 49 Ohio App. 2d 65, 68-69, 3 O.O. 3d 125,…