Flying Tiger Line, Inc. v. United States Aircoach

McCOMB, J.-—Defendant

Fritz Hutcheson, hereinafter referred to as “Hutcheson,” appeals from a judgment in favor of plaintiff in an action to recover $72,946.48 due from defendants for the rental and servicing of airplanes.

Defendant United States Aircoach, hereinafter referred to as “Aircoach,” is a chartered airline wholly owned, managed and controlled by Hutcheson. On October 15, 1953, it was indebted to plaintiff in the sum of $52,000 for plane rental and other credits. On that date a contract was entered into with Hutcheson, by which plaintiff agreed to extend further credit to Aircoach and…