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CONSOLIDATED AMERICAN ROYALTY CORP. v. TALIAFERRO

Nos. 1187, 1197.

78 F.2d 802 (1935)

CONSOLIDATED AMERICAN ROYALTY CORPORATION v. TALIAFERRO et al. ROYALTY CORPORATION OF AMERICA v. SAME.

Circuit Court of Appeals, Tenth Circuit.

Rehearing Denied August 6, 1935.

Attorney(s) appearing for the Case

Elmer J. Lundy, of Tulsa, Okl. (Poe, Lundy & Morgan, of Tulsa, Okl., on the brief), for appellant.

H. R. Young, of Tulsa, Okl. (A. F. Moss, of Tulsa, Okl., on the brief), for appellees.

Before LEWIS, McDERMOTT, and BRATTON, Circuit Judges.

McDERMOTT, Circuit Judge.

No. 1187

These appeals arise from proceedings subsequent to the decision of this court in Greer Inv. Co. v. Booth, reported in 62 F.2d 321, 324. We there held that a transfer of all the properties of the Petroleum Royalties Company, a common law trust, to a corporation of the same name was void. Our opinion further held that "Upon such restoration, the shareholders who had exchanged their shares...

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