CARPENTER v. HALL

C. A. No. 68-H-738.

311 F.Supp. 1099 (1970)

Orville S. CARPENTER, Trustee, Plaintiff, v. E. M. HALL, Jr., et al., Defendants.

United States District Court, S. D. Texas, Houston Division.

March 16, 1970.


Attorney(s) appearing for the Case

Andrews, Kurth, Campbell & Jones (Raymond A. Cook, James W. Dilworth and Frederick M. Knapp, Jr.), Houston, Tex., for trustee.

Cox, Evans, Pakenham & Roady (Joyce Cox), Houston, Tex., for G. C. Haas & Co.

Harless, Bailey & Youngblood (Bill W. Bailey), Dallas, Tex., for Clarence Leon Lusk.

Coke & Coke (J. Edwin Fleming), Dallas, Tex., for First Nat. Bank in Dallas, Gene H. Bishop and William D. Breedlove.

Geary, Brice, Barron & Stahl (Michael E. Rohde), Dallas, Tex., for Goodkind & Co. and Ling & Co., Inc.

Sewell, Junell & Riggs (William A. Paddock), Houston, Tex., for Lewis E. Brazelton, III.

Vinson, Elkins, Searls & Connally (William R. Eckhardt, III), Houston, Tex., for David C. Bintliff, Brazos Valley Cotton Oil Co., Inc. and Jack G. Taylor.

DeLange, Hudspeth, Pitman & Katz (C. M. Hudspeth), Houston, Tex., for Bradley Collins.

Presley E. Werlein, Jr., Houston, Tex., for Ray Dusek, Sr.

Funderburk, Murray & Ramsey (John A. Murray), Houston, Tex., and Arvey, Hodes & Mantyband (J. J. Enright), Chicago, Ill., for John M. Pogue, Jr.

Anderson, Brown, Orn & Pressler (Richard F. Bergner), Houston, Tex., for Allen Will Harris and John D. Mackinnon.

Goldman & Levin (Solomon S. Goldman), New Orleans, La., for William P. Thompson.

Willbern & Marshall (Roy Willbern), Houston, Tex., for William Walt Strawther.

Charles D. Cottingham, Jr., and Ladin, Weycer & Schultz (William M. Schultz), Houston, Tex., for Joseph E. Petta and Lewis R. Petta.

Wilson, Pinedo & Hill (Frank M. Pindedo), and Foreman, Dyess, Prewett, Henderson & Cantey (Craig C. Cantey, Jr.), Houston, Tex., for Harris County Land & Cattle Co., Illinois Tupper Lake, Inc., J. D. Corp., Donald McGregor, Sr., and Tupper Lake Corp.

Fisher, Roch & Blackstock (Wayne Fisher), Houston, Tex., for Lester L. Lilley.

Reynolds, White, Allen & Cook (Grant Cook), Houston, Tex., for Ernest M. Hall, Jr.

Liddell, Dawson, Sapp & Zivley (Walter P. Zivley), Houston, Tex., for Malcolm G. Baker, Jr.

Royston, Rayzor & Cook (E. D. Vickery), Houston, Tex., and Jones, Day, Cockley & Reavis (Frank C. Heath and Patrick F. McCartan), Cleveland, Ohio, for Ernst & Ernst, Newman T. Halvorson, Clarence T. Isensee and John F. Maurer.

Orgain, Bell & Tucker (J. Hoke Peacock, II), Beaumont, Tex., for Paine, Webber, Jackson & Curtis.

Dee, Foster & Bonds (E. P. Dee), Houston, Tex., for H. A. Sears.

William B. Dazey, Houston, Tex., for Richard E. Smythe.

Vinson, Elkins, Searls & Connally (John C. Snodgrass), Houston, Tex., for Business Funds, Inc., John F. Austin, Jr., Dukaine Corp., Kelty Inv. Co. and W. F. Keesler.

Baker, Heard & Elledge (Willis E. Gresham), Houston, Tex., for Edwin F. Gilbert.

Vinson, Elkins, Searls & Connally (Robert E. Morse, Jr.), Houston, Tex., for Kenneth W. Dusek.

Fulbright, Crooker, Freeman, Bates & Jaworski (B. J. Bradshaw and James C. Slaughter), Houston, Tex., for Bank of the Southwest Nat. Ass'n of Houston.

Dillingham & Schleider (Ben H. Schleider, Jr.), Houston, Tex., and Hubachek, Kelly, Rauch & Kirby (James T. Griffin), Chicago, Ill., for A. G. Becker & Co., Inc., and Daniel J. Good.

Dillingham & Schleider (Ben H. Schleider, Jr.) Houston, Tex., and Gardner, Carton, Douglas, Chilgren & Waud (John K. Notz, Jr.), Chicago, Ill., for Glore, Forgan, Wm. R. Staats, Inc.

Fulbright, Crooker, Freeman, Bates & Jaworski (Blake Tartt), Houston, Tex., for James C. Fourmy and Dittmar & Company.

Golden, Burrow, Potts & Boeckman (Duncan Boeckman), Dallas, Tex., for Weber, Hall, Cobb & Caudle, Inc.

Vinson, Elkins, Searls & Connally (Richard P. Keeton), Houston, Tex., for Arthur Belfer.

Hutcheson, Taliaferro & Grundy (Thad Grundy), Houston, Tex., for Chesley Pruet, Adams & Peck and Lloyd H. Smith.

Sewell, Junell & Riggs (Ben G. Sewell), Houston, Tex., for A. G. Edwards & Sons.


MEMORANDUM OPINION

HANNAY, District Judge.

In this cause Orville S. Carpenter, Plaintiff as Trustee of Westec Corporation sues A. G. Becker & Co. Incorporated and some 92 other defendants.

Plaintiff alleges:

NATURE OF CLAIM, JURISDICTION AND PARTIES

1. This action is brought to enforce liabilities created by the Securities Act of 1933 as amended and the Securities Exchange Act of 1934 as amended, the rules and regulations of...

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