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GIBBONS v. PAN AMERICAN PETROLEUM CORPORATION

No. 5945.

262 F.2d 852 (1958)

Francis M. GIBBONS, Trustee, and Francis M. Gibbons, Individually, Appellant, v. PAN AMERICAN PETROLEUM CORPORATION, a corporation (formerly Stanolind Oil and Gas Company), Appellee.

United States Court of Appeals Tenth Circuit.

December 17, 1958.

Attorney(s) appearing for the Case

Clair M. Senior, Salt Lake City, Utah, for appellant.

Clinton D. Vernon, Salt Lake City, Utah (Wayne C. Durham and Grant A. Brown, Salt Lake City, Utah, with him), for appellee.

Before PHILLIPS, MURRAH and LEWIS, Circuit Judges.

MURRAH, Circuit Judge.

Defendant Gibbons appeals from a judgment reimbursing Pan-American Petroleum Corporation for rentals on five federal oil and gas leases paid by Pan-American to the Bureau of Land Management after the leases had been assigned to the defendant.

The underlying facts are undisputed. Before February, 1956, Pan-American held these five federal oil and gas leases, and appellant Gibbons held as trustee for various beneficial owners an overriding...

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