Indian State Oil Co. v. McCutchen

McDONALD, Chief Justice.

This appeal is from a judgment of one of the District Courts of Dallas County, entered in a receivership suit which began in the year 1931. It appears from the record that the Indian State Oil Company, the appellant here, became insolvent, and that in the year 1931, “on the petition of Stidham & Thrasher, Roger L. Tennant was appointed Receiver of the Indian State Oil Company of Texas and all its properties.” Tennant took possession of certain oil properties, as receiver, and developed them by drilling oil wells and operated them up to and including the time of the…