l am quite satisfied that this company was formed as a device, a stratagem, in order to make the effective carrying on of a business of Mr E B Horne. The purpose of it was to try to enable him, under what is a cloak or a sham, to engage in business which, on consideration of the agreement which had been sent to him just about seven days before the company was incorporated [that was a copy of the service agreement), was business in respect of which he had a fear the plaintiffs might intervene and object.