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IRVING TRUST CO. v. COMPANIA MEXICANA DE PETROLEO

No. 489.

66 F.2d 390 (1933)

IRVING TRUST CO. v. COMPANIA MEXICANA DE PETROLEO, LA LIBERTAD, S. A., et al.

Circuit Court of Appeals, Second Circuit.

July 17, 1933.

Attorney(s) appearing for the Case

Carter, Ledyard & Milburn, of New York City (Ralph Montgomery Arkush, J. M. Richardson Lyeth, and Harries A. Mumma, all of New York City, of counsel), for appellant.

Chadbourne, Hunt, Jaeckel & Brown, of New York City (William M. Chadbourne, Howard H. Brown, Alfred H. Phillips, and Louis B. Eten, all of New York City, of counsel), for appellees.

Before MANTON, L. HAND, and AUGUSTUS N. HAND, Circuit Judges.

MANTON, Circuit Judge.

Appellant, receiver of the Island Refining Corporation, brought this action against the appellees, subsidiaries of the Island Oil & Transport Corporation, for breach of a contract to sell oil. Appellees had oil-producing properties in Mexico. The transport corporation also owned the stock of the refining corporation. The affiliated companies were under common management of Mr. Stevens, who became a receiver of both the refining and the transport...

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