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YOUNG v. SAUNDERS

No. 11868.

470 P.2d 388 (1970)

24 Utah 2d 284

Seth H. YOUNG, Plaintiff and Respondent, v. Richard SAUNDERS, Defendant and Appellant.

Supreme Court of Utah.

June 9, 1970.

Attorney(s) appearing for the Case

Gordon I. Hyde, Salt Lake City, for appellant.

E. Earl Greenwood, Jay A. Meservy, of Greenwood & Meservy, Salt Lake City, for respondent.

ELLETT, Justice.

This suit involves title to a motor boat. Sam Arge owned a number of corporations, each of which he manipulated as his alter ego. The boat in question was paid for by one of his corporations, to wit, United Motor Club, and was charged to his "draw." Practically everything he bought was paid for by one of the corporate entities and charged to his account. At times he owed his alter egos as much as $75,000 because corporate funds had been used to pay...

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