Oil Fields Corporation v. Meek

On the 10th day of March, 1924, J. H. Meek was appointed receiver in a cause pending in the chancery court of Ouachita County, involving the extensive holdings of the Oil Fields Corporation, a defendant in the suit.

Several common law trusts had -been promoted by Cordon Ingalls, John iS. Dashko, and their associates, which, on May 17, 1923, were consolidated as and absorbed by the Oil Fields Corporation, a corporation which was organized under the laws of Delaware for that purpose, and hereinafter referred to as. the corporation.

These trust estates had been financed by solicitations through…