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PAY ROCK OIL, INC. v. RILEY

No. 40,049

179 Kan. 553 (1956)

296 P.2d 1116

PAY ROCK OIL, INC., a Corporation, Appellee, v. E.C. RILEY, Appellant, and JOHN S. HALL, et al., Appellees, and H.E. OZENBURGER, Receiver, Appellee.

Supreme Court of Kansas.

Opinion filed May 5, 1956.

Attorney(s) appearing for the Case

Ralph H. Noah, of Beloit, argued the cause, and Edward E. Pedroja, of Eureka, and Don W. Noah, of Beloit, were with him on the briefs for the appellant.

Thos. C. Forbes, of Eureka, argued the cause, and Harold G. Forbes and George Forbes, both of Eureka, were with him on the briefs for the appellees.

The opinion of the court was delivered by

PRICE, J.:

The question here concerns the propriety of an order appointing a receiver to operate, manage and develop an oil and gas lease.

Briefly stated, circumstances and events leading up to the appointment were as follow:

In 1945 Pay Rock Oil, Inc., was the owner of an oil and gas lease on property in Greenwood County. Later, fractional interests in the lease were assigned to various parties, including...

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