Legal Opinion
Labor Investment Corporation v. Russell
Supreme Court of Oklahoma
Decided March 9, 1965No. 40631PublishedCited by 7 opinions
1Opinion of the Court
HALLEY, Chief Justice.
Defendant in error (plaintiff below) commenced this action on February 15, 1960, in the District Court of Oklahoma County, Oklahoma, against plaintiff in error (defendant below) for breach of a stock option contract. The parties will be referred to as they appeared in the tidal court.
The facts are not in dispute. Defendant was organized on March 26, 1956, for the purpose of raising capital for the formation of a life insurance company as a wholly-owned subsidiary. Plaintiff, one of seven organizers, subscribed for 5,000 shares of defendant’s stock from the 28,000 shares…
2Cases cited24 opinions
- Central Transportation Co. v. Pullman's Palace Car Co.Supreme Court of the United States · 1891
- Crowder State Bank v. Aetna Powder Co.Supreme Court of Oklahoma · 1913
- Crump v. LanhamSupreme Court of Oklahoma · 1917
- McGrath v. EichoffSupreme Court of Oklahoma · 1940
- Lusk v. Starkey, County TreasurerSupreme Court of Oklahoma · 1916
19 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Greene v. Circle Insurance CompanySupreme Court of Oklahoma · 1976
- Prough v. Edinger, Inc.Supreme Court of Oklahoma · 1993
- Creekmore v. Redman Industries, Inc.Court of Civil Appeals of Oklahoma · 1983
- Clark v. Phillips Petroleum Co.Court of Civil Appeals of Oklahoma · 1984
- Frankovich v. FrankovichSupreme Court of Oklahoma · 1969
2 more not listed; retrieve them via the Exa API.