Hammond v. Hammond

McDonald, Chief Justice.

J. C. Hammond, Inc., is a corporation •organized under the laws of Delaware. It has its principal office and place of business 'in Tarrant County, Texas. Most of its properties, which consist of producing •oil leases, oil payments, royalties, and unproven leases, are in Texas. According to findings of the judgment appealed from, its outstanding capital stock consists "of ■3,440 shares.

Prior to the year 1946 all but a small amount of its capital stock was owned by J. G. Hammond. In the early part of that year Hammond’s wife sued him for divorce in Tarrant County.…