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UNITED TOWING COMPANY v. PHILLIPS

No. 16292.

242 F.2d 627 (1957)

UNITED TOWING COMPANY, Greens Bayou Marine Service Company, John D. Jones and Holt P. Daniels, Appellants, v. H. A. PHILLIPS, Trustee, Appellee.

United States Court of Appeals Fifth Circuit.

Rehearing Denied May 17, 1957.

Attorney(s) appearing for the Case

Willett Wilson, Houston, Tex., for appellant.

Thad Grundy, Houston, Tex., for appellee.

Before HUTCHESON, Chief Judge, and CAMERON and JONES, Circuit Judges.

JONES, Circuit Judge.

John D. Jones, Holt P. Daniels, and Harland I. Casteel, owned all of the stock of C. J. Dick Towing Company, herein sometimes called Dick or the bankrupt. These three individuals owned substantially all of the stock of United Towing Company, herein referred to as United. Dick owned all of the stock of Greens Bayou Marine Service Company, herein called Greens Bayou. The three individuals were the officers and directors of each of the three corporations...

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