In re FORT COBB, OKLAHOMA, IRRIGATION FUEL AUTHORITY, Petitioner.
United States District Court, W. D. Oklahoma.https://leagle.com/images/logo.png
March 27, 1979.
March 27, 1979.
Attorney(s) appearing for the Case
Andrew J. Haswell, Jr., P.C., Oklahoma City, Okl., for petitioner.
Anthony V. Ponzio of Securities and Exchange Commission, Chicago, Ill., for SEC.
Larry W. Burks and Paul B. Benham, III, of Smith, Williams, Friday, Eldredge & Clark, Little Rock, Ark., James D. Fellers and Paul W. Dudman of Fellers, Snider, Blankenship & Bailey, Oklahoma City, Okl., for T. J. Raney & Sons, Inc.
Edward G. Menzie of Nexsen, Pruet, Jacobs & Pollard, Columbia, S.C., for First Peoples Nat. Bank of S.C.
Hali J. Wells, Oklahoma City, Okl., for H. Clyde Davis, Dana A. Clasby, Citizens Nat. Bank and C. R. Anthony Estate.
R. L. Choate of McKay, Chandler & Choate, P.A., Magnolia, Ark., for Ima G. Peace.
John E. Gaughan, III, of Gaughan, Barnes, Roberts, Harrell & Laney, Camden, Ark., for Margaret C. Grayson.
Glen D. Huff and Michael D. Caldwell, Oklahoma City, Okl., for Charlotte Sizeland.
Gary F. Liles of Eichenbaum, Scott, Miller, Crockett & Darr, Little Rock, Ark., for Martha L. Allen.
John M. Sharp, Tulsa, Okl., for Oklahoma Natural Gas Co.
Roderic A. Johnson of R. K. Johnson & Co., Inc., St. Petersburg, Fla., for R. K. Johnson & Co.
Raymond E. Theimer and H. J. Mesigh, Oklahoma City, Okl., for Rimrock Gas Co.
Jack L. Kinzie, Oklahoma City, Okl., for Linda Thomson Law Firm.
United States District Court, W. D. Oklahoma.
FINDINGS OF FACT AND CONCLUSIONS OF LAW
EUBANKS, District Judge.
INTRODUCTION
On April 14, 1976, Fort Cobb, Oklahoma, Irrigation Fuel Authority ("Authority") filed a petition under Chapter IX of the National Bankruptcy Act (11 U.S.C. § 401, et seq.), requesting relief pursuant thereto. On August 24, 1976, the Authority filed an amended petition.
On December 14, 1978, T. J. Raney & Sons, Inc. ("Raney"), a holder of 1969 Series A...
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