Kinney v. Truck Center of Maine, Inc.

WEBBER, Justice.

On April 27, 1962 plaintiff-appellant purchased a truck-tractor from defendant corporation. Lacking the cash requirements for the down payment of $3490, the plaintiff gave two checks, one for $100 and one for $880, and financed the balance amounting to $2500 with Auto Finance Company, a separate corporation. Since confusion seems to have arisen with respect to the identity of these two corporations, it seems important at the outset to define the relationship. One Bernstein was treasurer of both corporations and owned the controlling stock interest in each. One Arnold was…