Arn v. Bradshaw Oil & Gas Co.

SIBLEY, Circuit Judge.

The complainants, as stockholders in Operators Royalty Production Company, (herein called Operators Company), and as a stockholders’ committee, brought a bill against Bradshaw Oil & Gas Company, (herein called Bradshaw Company), and other corporations and individuals, to set aside a judicial sale had Oct. 3, 1933, of the oil and gas properties of the Operators Company, under which the Bradshaw Company now holds title, or alternatively to declare the title held in trust, subject to the liens against the properties outstanding at the sale or since contracted, with an…