PIERSON v. JONES

No. 13231.

625 P.2d 1085 (1981)

102 Idaho 82

John A. PIERSON, Plaintiff-Appellant, v. Gail JONES, Defendant-Respondent.

Supreme Court of Idaho.

Rehearing Denied April 23, 1981.


Attorney(s) appearing for the Case

James T. Jones, of Seeley, Jones & Fuller, Jerome, for plaintiff-appellant.

Frederick F. Plankey, Twin Falls, for defendant-respondent.


SHEPARD, Justice.

This is an appeal from a judgment in favor of defendant-respondent Gail Jones in an action brought by plaintiff-appellant John Pierson to hold Jones personally liable for a corporate debt. We affirm.

Jones operated a sheet metal business as a sole proprietorship until it was incorporated in September of 1975. At that time, Jones transferred the assets of that business to a corporation in exchange for an equal amount of stock for himself and...

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