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STATE v. SPEED'S, INC.

No. 37212.

302 P.2d 115 (1956)

STATE of Oklahoma ex rel. OKLAHOMA EMPLOYMENT SECURITY COMMISSION, Plaintiff in Error, v. SPEED'S, Inc., a corporation, Defendant in Error.

Supreme Court of Oklahoma.

October 2, 1956.

Attorney(s) appearing for the Case

Milton R. Elliott, Burton Duncan, Oklahoma City, for plaintiff in error.

John F. Eberle, Richard J. Spooner, Oklahoma City, for defendant in error.

HALLEY, Justice.

Parties will be referred to as they appeared in the District Court or by name.

Louie J. Speed, his wife, Louise Speed and Jessie Whitson, Louise Speed's mother, were the incorporators in 1949 and were at time of the trial in the District Court, the owners of the stock in the corporation named Louie J. Speed, Incorporated. This corporation acquired two stores in 1949, and has since operated them. In 1952, these same persons organized a second...

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