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WATTS v. LIBERTY ROYALTIES CORPORATION

No. 1773.

106 F.2d 941 (1939)

WATTS et al. v. LIBERTY ROYALTIES CORPORATION et al.

Circuit Court of Appeals, Tenth Circuit.

August 30, 1939.

Attorney(s) appearing for the Case

Austin M. Cowan, of Wichita, Kan., and Eugene O. Monnet, of Tulsa, Okl. (Royce H. Savage, Max Cohen, and Jack Paden, all of Tulsa, Okl., on the brief), for appellants.

A. Francis Porta, of El Reno, Okl., and O. L. Lupardus, of Tulsa, Okl. (Robt. W. Raynolds, of Tulsa, Okl., and Stanley E. Toland, of Iola, Kan., on the brief), for appellees.

Before PHILLIPS, BRATTON, and HUXMAN, Circuit Judges.

HUXMAN, Circuit Judge.

Liberty Royalties Corporation, herein referred to as the Corporation, is a Delaware Corporation, having its principal office in Tulsa, Oklahoma. M. H. Watts was appointed receiver of the Corporation on the 7th day of July, 1931, by the District Court of Tulsa County, Oklahoma. After the appointment of said state receiver and on April 1, 1932, the corporation's charter and franchise were canceled and forfeited by proclamation of the Governor...

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