Sam Snyder v. Harry C. Westover

In 1928 plaintiff-appellant became permanently separated but not divorced from his wife whom he had married in 1917. There were two children of the marriage, Bernard aged 19 and Geraldine aged 22. In 1940 plaintiff-appellant, who had been in the used car business in Denver, moved to Los Angeles where, together with one Wallace, he purchased the California Car Company, a corporation, and carried on a used car business. Sixty per cent of the stock in said corporation was issued to plaintiff, twenty per cent to Wallace, and twenty per cent to one Mosko for qualification purposes. Plaintiff made his investment in the corporation with funds brought by him from Denver plus $1500.00 loaned to him by Wallace.