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Business Organizations Keyed to Macey
Collins v. Lewis
Citation:
283 S.W.2d 258 (1955)Facts
In 1948, appellee John L. Lewis obtained a commitment conditioned upon adequate financing backing from the Brown-Bellows-Smith Corporation for a lease for the purpose of constructing a large cafeteria. Lewis contacted appellant Carr P. Collins, proposing that he would furnish the lease; that all revenue of the business would be applied to the repayment of such money. These negotiations culminated in the execution. Collins’ concern over the mounting costs of the cafeteria appears to have been augmented. Upon being informed that there existed incurred but unpaid items of cost above those paid, Collins made demand upon Lewis that the cafeteria be placed immediately upon a profitable basis. Lewis charged Collins with unauthorized interference with the management of the business. Numerous threats were made by Collins to cause Lewis to lose his interest in the business entirely.
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