APPLICATION OF GOODWIN

No. 53417.

597 P.2d 762 (1979)

In re Application of H.L. GOODWIN, Sr., Charles Hathawy and Pat Ballew, as Trustees of the Cherokee County Home Finance Authority and Board of County Commissioners of Cherokee County, Oklahoma, as Governing Board of the Beneficiary of the Cherokee County Home Finance Authority, Petitioners.

Supreme Court of Oklahoma.

July 12, 1979.


Attorney(s) appearing for the Case

William P. Willis, Jr., Tahlequah, Okl., for Cherokee County Home Finance Authority, appellant.

Nathan H. Young, III, Asst. Dist. Atty., Tahlequah, Okl., for Bd. of County Com'rs of Cherokee County, appellee.

Robert L. Bailey, Norman, Okl., for Cleveland County Home Loan Authority.

Robert S. Gee of Wallace & Owens, Miami, Okl., for Ottawa County Home Finance Authority.

Richard W. Lock, Jay, Okl., for Delaware County Home Finance Authority.

Gary E. Payne, Atoka, Okl., for Coal County Home Finance Authority and Atoka County Home Finance Authority.

Michael P. Sullivan, Leach, Sullivan, Sullivan & Green, Duncan, Okl., for Stephens County Home Finance Authority.

Georgina B. Landman, Williams, Landman & Savage, Tulsa, Okl., for Builders Ass'n of Metropolitan Tulsa.

Darven L. Brown, Smith, Brown, Martin & Adkisson, Tulsa, Okl., Thomas G. Hilborne, Jr. of Jones, Givens, Brett, Gotcher, Doyle & Bogan, Inc., Tulsa, Okl., for Tulsa County Home Finance Authority.

Farrell M. Hatch, Spears, Hatch, Mickle & Wilhite, Durant, Okl., for Bryan County Home Finance Authority.

Duke J. Logan, Logan, Lowry & Johnston, Vinita, Okl., for Craig County Home Finance Authority.

Michael T. Norman, Norman & Watkins, Muskogee, Okl., for Muskogee County Housing Authority.

John R. Carle, Carle & Tanner, Claremore, Okl., for Rogers County Home Finance Authority.

James W. Rodgers, Jr., Rodgers & Allen, Holdenville, Okl., for Hughes County Housing Finance Authority.

John T. Spradling, Stephen P. Friot, Spradling, Stagner, Alpern, Friot & Jones, Oklahoma City, Okl., C.D. Northcutt, Northcutt, Northcutt, Raley, Clark, Gardner, Hron & Northcutt, Ponca City, Okl., Edward L. Jacoby, Houston & Klein, Tulsa, Okl., for Continental Federal Sav. and Loan Ass'n, Frontier Federal Sav. and Loan Ass'n and Sooner Federal Sav. and Loan Ass'n.


OPALA, Justice:

This is an appeal from judgment rendered in a proceeding instituted under 60 O.S. 1971 § 175.231 to construe the trust instrument that created a public housing authority presumably under the provisions of 63 O.S. 1971 § 1051 et seq.2 The sole question presented is whether the trial court's conclusion that the Cherokee County Home Finance Authority...

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