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  5. 77 B.R. 541 (1987)
 

IN RE JONES

Bankruptcy Nos. 583-00059, 583-00060, Adv. Nos. 584-5151, 584-5152, 584-5173, 584-5175, 584-5184, 584-5188, 584-5202 and 584-5221.

77 B.R. 541 (1987)

In re J. Lynn JONES and Rebecca Jean Jones, d/b/a Union Exploration et al., Debtors. In re UNITAS, INC., Debtor. Robert B. WILSON, Trustee, Plaintiff, v. Gabe and Joann PARSON, J & A Lease and First National Bank, Evan Matlock, Bobbie Matlock, Ralph Payton, Ron Downing, J & A Lease and Gabe Parson, William E. Shields, Defendants.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

September 11, 1987.

Attorney(s) appearing for the Case

Robert B. Wilson, Sims, Kidd, Hubbert & Wilson, Lubbock, Tex., trustee.

Gary Terrell, McWhorter, Cobb & Johnson, Lubbock, Tex., for investors.

MEMORANDUM OF OPINION

JOHN C. AKARD, Bankruptcy Judge.

These Adversary Proceedings concern the Trustee-in-Bankruptcy's challenge to unrecorded assignments of interests in oil and gas leases.

FACTS

J. Lynn Jones (Debtor) started brokering oil and gas leases in 1976. A pattern soon developed where he would acquire a lease in the name of Unitas, Inc., a wholly-owned corporation. It would then be assigned to J. Lynn Jones d/b/a Union Exploration...

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