Beren v. Marshall Oil & Gas Corp.

The opinion of the court was delivered by

Mason, J.:

The Marshall Oil and Gas Corporation owned an oil and gas lease, in the attempt to develop which it incurred a number of debts for supplies. Several .liens were filed against the lease and appurtenant property, and an action was brought to foreclose one of them. Other parties were brought in. and receivers were appointed to take charge of and operate all the corporation’s property. By order of the court the property was sold by the receivers, the proceeds being applied first to the liens that had been allowed. On June 6, 1923, several…