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WELLS v. DEMETER

No. 1367.

84 F.2d 673 (1936)

WELLS v. DEMETER et al.

Circuit Court of Appeals, Tenth Circuit.

Rehearing Denied August 5, 1936.

Attorney(s) appearing for the Case

John Barry, of Oklahoma City, Okl. (W. R. Bleakmore, of Oklahoma City, Okl., on the brief), for appellant.

Henry G. Snyder, of Oklahoma City, Okl. (W. A. Lybrand, of Oklahoma City, Okl., on the brief), for appellees.

Before PHILLIPS, McDERMOTT, and BRATTON, Circuit Judges.

McDERMOTT, Circuit Judge.

This suit was brought by Demeter, the owner of $6,000.00 of nonvoting preferred stock of The Atkinson, Warren & Henley Company, against that corporation and Wells. The bill alleged that the corporation was in process of voluntary liquidation; that the preferred stock was entitled to a preference over the common stock in liquidation as well as in dividends; that it had been sold upon representations to that effect, and had been so treated...

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