McCRAY v. CENTRAL TRUST CO.

No. 7655.

28 F.2d 393 (1928)

McCRAY v. CENTRAL TRUST CO. OF ILLINOIS et al.

Circuit Court of Appeals, Eighth Circuit.

October 1, 1928.


Attorney(s) appearing for the Case

R. E. Gish, of Tulsa, Okl. (J. F. Sharp, Jr., of Oklahoma City, Okl., on the brief), for appellant.

Conrad E. Cooper, of Tulsa, Okl. (George S. Ramsey, Edgar A. De Meules, and Villard Martin, all of Tulsa, Okl., on the brief), for appellees.

Before VAN VALKENBURGH, Circuit Judge, and REEVES and OTIS, District Judges.


OTIS, District Judge.

This is an appeal from a final decree confirming the report of a special master allowing the claim of W. S. McCray against the Southern Oil Corporation in receivership, but holding that claim to be junior and inferior to the claims of bondholders. Whether the McCray claim is entitled to the priority asserted by him is the sole question involved. His claim arose thus:

The Yale Natural Gas Company had obtained a judgment in the state court...

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