Ritchie v. W. G. Strange Oil & Refining Co.
Court of Appeals for the Fifth Circuit
Appeal from the District Court of the United States for the Western District of Louisiana; George W. Jack, Judge. Suit in equity by J. E. Ritchie against the W. G. Strange Oil & Refining Company, Inc., and others. Decree for defendants, and complainant appeals. The appellant, J. E. Ritchie, brought this suit in equity against the appellees, W. G. Strange Oil '& Refining Company, a Louisiana corporation, W. G. Strange, and six other individuals.
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Appeal from the District Court of the United States for the Western District of Louisiana; George W. Jack, Judge. Suit in equity by J. E. Ritchie against the W. G. Strange Oil & Refining Company, Inc., and others. Decree for defendants, and complainant appeals. The appellant, J. E. Ritchie, brought this suit in equity against the appellees, W. G. Strange Oil '& Refining Company, a Louisiana corporation, W. G. Strange, and six other individuals. The bill contained averments to the following effect: The appellant prior to April 1, 1919, being in control and having the disposition of mineral…
1Opinion of the CourtWalker, Circuit Judge
(after stating the facts as above). The averments of the bill show that the appellant complied with his part of the agreement in pursuance of which the corporation was formed, so far as he has been permitted to do so, and that he has been and is ready and willing to comply with the agreement on his part, so far as it is unperformed. Under that agreement the parties to it were to receive stock in the corporation to be formed by them in proportion to the value of the assets contributed to the corporation by them respectively; it being provided that each of the parties was to contribute…
2Cases cited2 opinions
- Rogers v. Penobscot Mining Co.Court of Appeals for the Eighth Circuit · 1907
- Massachusetts & Southern Construction Co. v. Cane Creek TownshipSupreme Court of the United States · 1894
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- Shore v. Union Drug Co.Court of Chancery of Delaware · 1931