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PIC OIL CO., INC. v. GRISHAM

No. 61539.

702 P.2d 28 (1985)

PIC OIL COMPANY, INC., Dale Thompson, Dennis Parker, and Charles Walter, Appellants v. Robert W. GRISHAM and Sharon D. Grisham, Appellees.

Supreme Court of Oklahoma.

Rehearing Denied July 9, 1985.

Attorney(s) appearing for the Case

C.M. Gibson and Lester D. Henderson, Sapulpa, for appellees.

Michael Schultz, Mitchell & Schultz, Sapulpa, for appellants.

DOOLIN, Vice Chief Justice.

This appeal is taken from a summary judgment in an action to rescind the purchase of undivided fractional interests in oil and gas leases in Creek County, Oklahoma.

Summary judgment was granted to Robert W. Grisham and Sharon D. Grisham ("Grisham") against PIC Oil Company, Inc. ("PIC") and the latter's sole stockholders and agents (the individual appellants Thompson, Parker and Walters)...

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