Swan v. Davenport
Supreme Court of Iowa
Appeal from, Union District Oourt. — Hon. W. H. Tedeord, Judge. Action in equity for an accounting. The opinion states the facts. There was a decree dismissing the petition, and judgment against plaintiff f
1Opinion of the CourtBishop, C. J.
It appears that prior to October, 1896, one G. W. Bilbo had acquired an interest in a tract of mineral land in the state o‘f Colorado, supposed to contain gold ore. Such interest consisted of a lease and bond granting the right to develop and operate the supposed gold mine during the term fixed, and to take and appropriate all gold and other minerals found therein. Not having funds to prosecute the work of development and operation, Bilbo conceived the plan of organizing a voluntary unincorporated association to take up and carry forward such work. Accordingly, and on October 1, 1896, a…
2Cited by1 opinion
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