Collins v. Lambert

Loy Collins brought suit against G. E. Kemp and Tom Lambert, a partnership trading as Lambert Motor Company, Dalton Finance Company, a corporation, and Sentinel Fire Insurance Company. The petition was in two counts. The first count alleged that the motor company was engaged in the business of selling automobiles, and in order to finance and insure the cars which it sold created the Dalton Finance Company, in which Lambert and Kemp were officers and owners of a majority of the stock, and operated the company for the purpose of financing their own sales and of collecting carrying charges and…