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MIDVALE MINING & MFG. CO. v. DUTRON CORP.

No. 50365.

569 P.2d 442 (1977)

MIDVALE MINING AND MANUFACTURING CO., an Oklahoma Corporation, Appellant, v. DUTRON CORPORATION, a Kansas Corporation, John C. Swenson, Boyd G. Cobbley, David H. Schiller, Richard A. Brown and Harry H. Richardson, Appellees.

Supreme Court of Oklahoma.

September 13, 1977.

Attorney(s) appearing for the Case

Kenn Bradley, Tulsa, for appellant.

Sanders, McElroy & Carpenter, Tulsa, Daniel Bassett, Bartlesville, for appellees.

HODGES, Chief Justice.

The question presented on appeal is whether officers and directors of a corporation are personally liable for corporate debts incurred after failure of the corporation to file its annual tax return, but before an order suspending corporate privileges is issued. Midvale Mining and Manufacturing Co., appellant, contends that Dutron Corporation, appellee, became a nonentity on December 31, 1974, when it failed to file its annual tax return and...

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