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COATS v. BARTON

No. 7794.

25 F.2d 813 (1928)

COATS et al. v. BARTON et al.

Circuit Court of Appeals, Eighth Circuit.

April 2, 1928.

Attorney(s) appearing for the Case

W. T. Saye and J. K. Mahony, both of El Dorado, Ark. (H. S. Yocum and J. N. Saye, both of El Dorado, Ark., on the brief), for appellants.

Joe T. Robinson, of Little Rock, Ark. (Charles A. Frueauff, of New York City, and Robert C. Knox and Jeff Davis, both of El Dorado, Ark., on the brief), for appellees.

Before WALTER H. SANBORN and BOOTH, Circuit Judges, and MUNGER, District Judge.

WALTER H. SANBORN, Circuit Judge.

From 1921 to December, 1924, the parties to this suit were engaged in the business of buying and selling oil and gas leases, producing and distributing oil and gas in the vicinity of El Dorado, Ark. The complainants in this suit, W. M. Coats and J. B. Sowell, and the defendant, T. H. Barton, formed an Arkansas corporation in 1921, of which each of them owned one-third, and of which Barton...

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