VANDERBOOM v. SEXTON

Nos. 19682-19684.

422 F.2d 1233 (1970)

Ilo VANDERBOOM et al., Appellants, v. Sam SEXTON, Jr., James S. Hall, Charles H. Smith, Austin Gatlin, Erma S. Gatlin, Diamond G Ranch, Inc., an Arkansas Corporation, Texas Capital Corporation, a Texas Small Business Investment Company, Appellees.

United States Court of Appeals, Eighth Circuit.

Rehearing Denied March 20, 1970.


Attorney(s) appearing for the Case

William M. Stocks of Bethell, Stocks, Callaway & King, Fort Smith, Ark., on brief for appellants.

Philip S. Anderson, Jr., Little Rock, Ark., for appellee James S. Hall.

Don A. Smith, Fort Smith, Ark., for appellees Gatlin, Diamond G Ranch, Inc. and Texas Capital Corp.

Edward L. Wright, Little Rock, Ark., Thomas Harper, and Sam Sexton, Jr., Fort Smith, Ark., were on the brief with Anderson and Smith.

Before MEHAFFY, GIBSON and HEANEY, Circuit Judges.


GIBSON, Circuit Judge.

These are appeals from a summary judgment verdict rendered in the United States District Court for the Western District of Arkansas against plaintiffs-appellants Vanderboom, et al. The complaint in the District Court stated two causes of action, one for common law fraud and deceit under Arkansas law, jurisdiction assertedly resting on diversity of citizenship, and the other a federal cause of action for violations of the securities laws, essentially...

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