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OIL INVESTMENT, INC. v. DALLEA PETROLEUM CORP.

Civ. No. 8367.

152 N.W.2d 415 (1967)

OIL INVESTMENT, INC., a North Dakota corporation, Plaintiff and Respondent, v. DALLEA PETROLEUM CORPORATION, a North Dakota corporation, Dois D. Dallas, and Currie Conrad, Defendants, Third-Party Plaintiffs, and Appellants, v. Leonell W. FRAASE, Arnold Blikre, and A. H. Ness, Third-Party Defendants and Respondents.

Supreme Court of North Dakota.

May 26, 1967.

Attorney(s) appearing for the Case

Rolfstad, Winkjer, Suess & Herreid, Williston, for plaintiff and respondent, Oil Investment, Inc.

Bjella, Jestrab, Neff & Pippin, Williston, for defendant, third-party plaintiff and appellant Dallea Petroleum Corp.

Pearce, Engebretson, Anderson & Schmidt, Bismarck, for defendants, third-party plaintiffs and appellants Dois D. Dallas and Currie Conrad.

Fred A. McKennett, Williston, for third-party defendants and respondents, Leonell W. Fraase, Arnold Blikre, and A. H. Ness.

ADAM GEFREH, District Judge.

On August 31, 1962, Dallea Petroleum Corporation, a North Dakota corporation, with its principal office in Tioga, North Dakota, executed and delivered to Republic Supply Company, whose principal place of business was Oklahoma City, Oklahoma, and who also maintained a place of business in Tioga, North Dakota, a promissory note in the sum of $25,920.98 (Plaintiff's Exhibit No. 1).

On February 2, 1965, at a time when the note was...

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