Legal Opinion

Hathaway v. Porter Royalty Pool, Inc.

Michigan Supreme Court

Decided January 6, 1941No. Docket No. 65, Calendar No. 40,653PublishedCited by 45 opinions

1Opinion of the CourtMcAllister, J.

Plaintiffs filed their bill of complaint to remove a cloud on title from their lands in Porter township of Midland county and asked rescission of a royalty agreement and an accounting for oil removed from the lands in question. Their bill is based upon allegations of fraud and the sale of stock in violation of the blue sky law, 2 Comp. Laws 1929, § 9769 et seq. (Stat. Ann. § 19.741 et seq.). The trial court found that there was no merit to the claim of fraud, but granted the relief sought on the ground of violation of the statutes relating to the sale of corporate securities.

The suit was…

2Cases cited21 opinions

  1. Berkey v. Third Avenue Railway Co.New York Court of Appeals · 1926
  2. Keiswetter v. RubensteinMichigan Supreme Court · 1926
  3. Vinton v. PeckMichigan Supreme Court · 1866
  4. Fletcher v. FletcherMichigan Supreme Court · 1919
  5. Alderton v. WilliamsMichigan Supreme Court · 1905

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3Cited by45 opinions

  1. Brown v. ColeTexas Supreme Court · 1956
  2. Carroll v. CaldwellIllinois Supreme Court · 1957
  3. Colonial Refrigerated Transportation, Inc. v. George P. Mitchell, George P. Mitchell v. Colonial Refrigerated Transportation, Inc.Court of Appeals for the Fifth Circuit · 1968
  4. McRoberts v. PhelpsSupreme Court of Pennsylvania · 1958
  5. Denny v. GaravagliaMichigan Supreme Court · 1952

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