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SUTHERLAND v. GARBUTT

No. 10078.

132 F.2d 208 (1942)

SUTHERLAND et al. v. GARBUTT et al.

Circuit Court of Appeals, Ninth Circuit.

As Amended November 30, 1942.

Attorney(s) appearing for the Case

W. H. Abel, of Montesano, Wash., O. C. Moore, of Spokane, Wash., and Frederick D. Anderson, of Los Angeles, Cal., for appellants.

David E. Hinckle, of Los Angeles, Cal., for appellees Garbutt et al.

Richard G. Adams, of Los Angeles, Cal., for appellee Chandis Securities Co.

Before DENMAN, MATHEWS, and STEPHENS, Circuit Judges.

DENMAN, Circuit Judge.

This is an appeal from a decision of the district court, sitting without a jury, refusing to set aside certain transactions whereby Mutual Gold Corporation, a corporation organized under the laws of Washington, hereinafter called Mutual Gold, sold in exchange for stock in another corporation substantially all its property consisting of a contract for the purchase of certain mining claims located in California, owned by Alice Clark Ryan and Chandis...

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