OKLAHOMA CITY AIRPORT TRUST v. HUGGINS

No. 100669.

105 P.3d 344 (2004)

2004 OK CIV APP 98

The OKLAHOMA CITY AIRPORT TRUST, a public trust, Plaintiff/Appellee, and Connie Baldwin, a resident taxpayer of The City of Oklahoma City, Oklahoma, Intervenor Plaintiff/Appellant, v. James R. HUGGINS, if living, or if dead, his unknown successors, if any, to his interest as plaintiff in James R. Huggins v. Sheldon L. Stirling, et al., Case No. 149,610, In the District Court of Oklahoma County, State of Oklahoma; The City of Oklahoma City, a Municipal Corporation, as beneficiary of the Oklahoma City Airport Trust; Oppenheim, a Division of Bosc, Inc., a subsidiary of BOK Financial Corporation, as Representative of the Underwriters under the Bond Purchase Contracts for the Twenty-Seventh Supplemental Junior Lien Bond Issue; Morgan Stanley Dean Witter, as additional underwriter under the Bond Purchase Contract for the Twenty-Seventh Supplemental Junior Lien Bond Issue; Saloman Smith Barney, as additional underwriter under the Bond Purchase Contract for the Twenty-Seventh Supplemental Junior Lien Bond Issue; and Morgan, Keegan & Co., Inc., as additional underwriter under the Bond Purchase Contract for the Twenty-Seventh Supplemental Junior Lien Bond Issue, Defendants/Appellees.

Court of Civil Appeals of Oklahoma, Division No. 3.

Rehearing Denied August 20, 2004.

Certiorari Denied November 22, 2004.


Attorney(s) appearing for the Case

Leslie V. Batchelor, James Dan Batchelor, Center For Economic Development Law, Oklahoma City, OK, for Plaintiff/Appellee.

Terry Guy Shipley, Norman, OK, for Intervenor Plaintiff/Appellant.

William R. Burkett, Municipal Counselor, Kenneth D. Jordan, Assistant Municipal Counselor, Oklahoma City, OK, for Defendant/Appellee, City of Oklahoma City.

Joseph H. Bocock, McAfee & Taft, Oklahoma City, OK, for Defendant/Appellee, Oppenheim.


Released for Publication by Order of the Court of Civil Appeals of Oklahoma, Division No. 3.

CAROL M. HANSEN, Judge.

¶ 1 Plaintiff, the Oklahoma City Airport Trust (Trust), is a public trust created by a trust indenture in 1956 pursuant to the Oklahoma Public Trust Act, 60 O.S.1951 § 175.1 et seq. (Act). The Act has since been amended several times. The City of Oklahoma City is the sole beneficiary of the...

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