MASINTON v. DEAN

No. 81CA0021.

659 P.2d 50 (1982)

Charles MASINTON, d/b/a Charlie's, Plaintiff-Appellee, v. James P. DEAN, Jr. and Olive P. Dean, Defendants-Appellants.

Colorado Court of Appeals, Div. I.

December 30, 1982.


Attorney(s) appearing for the Case

Victor A. Wallace, LaVeta, for plaintiff-appellee.

Martin, Knapple, Humphrey & Tharp, Joel C. Maguire, Boulder, for defendants-appellants.


STERNBERG, Judge.

Defendants appeal a judgment holding them individually liable for the debt of a corporation. We reverse.

The testimony, at a trial to the court, established that defendant Olive P. Dean (Olive) and her husband, James Dean, Sr., now deceased, operated a restaurant called Harry's Steak House. The restaurant was owned by the Dean-King Corporation, a closely held corporation formed one month prior to purchasing it. Olive and her husband were...

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