Minton v. Cavaney

364 P.2d 473, 56 Cal. 2d 576, 15 Cal. Rptr. 641, 1961 Cal. LEXIS 320
CourtCalifornia Supreme Court
DecidedSeptember 5, 1961
DocketL. A. 25881
StatusPublished
Cited by125 cases

This text of 364 P.2d 473 (Minton v. Cavaney) is published on Counsel Stack Legal Research, covering California Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minton v. Cavaney, 364 P.2d 473, 56 Cal. 2d 576, 15 Cal. Rptr. 641, 1961 Cal. LEXIS 320 (Cal. 1961).

Opinions

TRAYNOR, J.

The Seminole Hot Springs Corporation, hereinafter referred to as Seminole, was duly incorporated in California on March 8, 1954. It conducted a public swimming pool that it leased from its owner. On June 24, 1954, plaintiffs’ daughter drowned in the pool, and plaintiffs recovered a judgment for $10,000 against Seminole for her wrongful death. The judgment remains unsatisfied.

On January 30, 1957, plaintiffs brought the present action to hold defendant Cavaney personally liable for the judgment against Seminole. Cavaney died on May 28, 1958, and his widow, the executrix of his estate, was substituted as defendant. The trial court entered judgment for plaintiffs for $10,000. Defendant appeals.

Plaintiffs introduced evidence that Cavaney was a director and secretary and treasurer of Seminole and that on November 15, 1954, about five months after the drowning, Cavaney as secretary of Seminole and Edwin A. Kraft as president of Seminole applied for permission to issue three shares of Seminole stock, one share to be issued to Kraft, another to F. J. Wettrick and the third to Cavaney. The Commissioner of Corporations refused permission to issue these shares unless additional information was furnished. The application was then abandoned and no shares were ever issued. There was also evidence that for a time Seminole used Cavaney’s office to keep records and to receive mail. Before his death Cavaney answered certain interrogatories. He was asked if Seminole “ever had any assets?” He stated that “insofar as my own personal knowledge and belief is concerned said corporation did not have any assets.” Cavaney also stated in the return [579]*579to an attempted execution that 11 [I] nsofar as I know, this corporation had no assets of any kind or character. The corporation was duly organized but never functioned as a corporation. ’

Defendant introduced evidence that Cavaney was an attorney at law, that he was approached by Kraft and Wettrick to form Seminole, and that he was the attorney for Seminole. Plaintiffs introduced Cavaney’s answer to several interrogatories that he held the post of secretary and treasurer and director in a temporary capacity and as an accommodation to his client.

Defendant contends that the evidence does not support the court’s determination1 that Cavaney is personally liable for Seminole’s debts and that the “alter ego” doctrine is inapplicable because plaintiffs failed to show that there was “ ‘ (1) .. . such unity of interest and ownership that the separate personalities of the corporation and the individual no longer exist and (2) that, if the acts are treated as those of the corporation alone, an inequitable result will follow. ’ ” (Riddle v. Leuschner, 51 Cal.2d 574, 580 [335 P.2d 107]; Automotriz etc. De California v. Resnick, 47 Cal.2d 792, 796 [306 P.2d 1, 63 A.L.R.2d 1042]; Minifie v. Rowley, 187 Cal. 481, 487 [202 P. 673].)

The figurative terminology “alter ego” and “disregard of the corporate entity” is generally used to refer to the various situations that are an abuse of the corporate privilege. (Ballantine, Corporations (rev. ed. 1946) § 122, pp. 292-293; Lattin, Corporations, p. 66; Latty, The Corporate Entity as a Solvent of Legal Problems, 34 Mich.L.Rev. 597 (1936).) The equitable owners of a corporation, for example, are personally liable when they treat the assets of the corporation as their own and add or withdraw capital from the corporation at will (see Riddle v. Leuschner, 51 Cal. 2d 574, 577-581 [335 P.2d 107]; Thomson v. L. C. Roney & Co., 112 Cal.App.2d 420, 429 [246 P.2d 1017]); when they hold themselves out as being personally liable for the debts of the corporation (Stark v. Coker, 20 Cal.2d 839, 847 [129 P.2d 390]); or when they provide inadequate capitalization and actively participate in the conduct of corporate affairs. [580]*580(Automotriz etc. De California v. Resnick, supra, 47 Cal.2d 792, 796, 797; Riddle v. Leuschner, supra, 51 Cal.2d at 580; Stark v. Coker, 20 Cal.2d 839, 846-849 [129 P.2d 390]; Shafford v. Otto Sales Co. Inc., 149 Cal.App.2d 428, 432 [308 P.2d 428]; see Carlesimo v. Schwebel, 87 Cal.App.2d 482, 492-493 [197 P.2d 167]; Ballantine, Corporations (rev. ed. 1946) § 129, pp. 302-303; Lattin, Corporations, pp. 68-72; Fuller, The Incorporated Individual: A Study of the One-Man Company, 51 Harv.L.Rev. 1373, 1381-1383.)

In the instant ease the evidence is undisputed that there was no attempt to provide adequate capitalization. Seminole never had any substantial assets. It leased the pool that it operated, and the lease was forfeited for failure to pay the rent. Its capital was “ ‘trifling compared with the business to be done and the risks of loss. . . .’ ” (Automotriz etc. De California v. Resnick, supra, 47 Cal.2d 792, 797.) The evidence is also undisputed that Cavaney was not only the secretary and treasurer of the corporation but was also a director. The evidence that Cavaney was to receive one-third of the shares to be issued supports an inference that he was an equitable owner (see Riddle v. Leuschner, supra, 51 Cal.2d 574, 580), and the evidence that for a time the records of the corporation were kept in Cavaney’s office supports an inference that he actively participated in the conduct of the business. The trial court was not required to believe his statement that he was only a “temporary” director and officer “for accommodation.” In any event it merely raised a conflict in the evidence that was resolved adversely to defendant. Moreover, section 800 of the Corporations Code provides that “. . . the business and affairs of every corporation shall be controlled by, a board of not less than three directors.” Defendant does not claim that Cavaney was a director with specialized duties (see 5 U.Chi.L.Rev. 668). It is immaterial whether or not he accepted the office of director as an “accommodation” with the understanding that he would not exercise any of the duties of a director. A person may not in this manner divorce the responsibilities of a director from the statutory duties and powers of that office.

There is no merit in defendant’s contentions that the “alter ego” doctrine applies only to contractual debts and not to tort claims (Mirabito v. San Francisco Dairy Co., 1 Cal.2d 400, 406 [35 P.2d 513]; see Ballantine, Corporations (rev. ed, 1946) § 127, p. 298); that plaintiffs’ cause of action [581]*581abated when Cavaney died (Civ. Code, § 956; see Damiano v. Bunting, 40 Cal.App. 566, 567 [181 P. 232]), or that the judgment in the action against the corporation bars plaintiffs from bringing the present action. (Dillard v. McKnight,

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Bluebook (online)
364 P.2d 473, 56 Cal. 2d 576, 15 Cal. Rptr. 641, 1961 Cal. LEXIS 320, Counsel Stack Legal Research, https://law.counselstack.com/opinion/minton-v-cavaney-cal-1961.