Legal Opinion
John M. King, and v. Ben T. Stevenson, And
Court of Appeals for the Seventh Circuit
Decided June 21, 1971No. 18195_1PublishedCited by 40 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
The principal question presented by these consolidated appeals concerns the validity of a February 16,1966, appraisal of the market value of King Resources Company common stock at $16 per share as of November 21, 1965.
In 1955, John M. King and Ben T. Stevenson formed a partnership to explore for and develop oil and gas. A partnership agreement was executed as of January 1959, becoming a corporation as of May 1, 1959. This operating company was known as King-Stevenson Oil Company, Inc. (“KSOC, Inc.”). 72% of the stock was issued to King and 28% to Stevenson, but on…
2Cases cited5 opinions
- Federal Savings and Loan Insurance Corporation v. Howard B. QuinnCourt of Appeals for the Seventh Circuit · 1969
- Desert Palace, Inc., Nathan S. Jacobson & Stanley Mallin v. Richard J. Salisbury, D/B/A Diversified Insurance Agency, National Reinsurance Agency, Inc., Cross-Claim v. Richard J. Salisbury, D/B/A Diversified Insurance Agency, Cross-ClaimCourt of Appeals for the Seventh Circuit · 1968
- Spartans Industries, Inc. v. John Pilling Shoe CompanyCourt of Appeals for the First Circuit · 1967
- United States v. Harry J. TyrrellCourt of Appeals for the Seventh Circuit · 1964
- Texas Eastern Transmission Corp. v. BarnardCourt of Appeals for the Sixth Circuit · 1960
3Cited by40 opinions
- Jimmy Lee Gray v. Eddie Lucas, WardenCourt of Appeals for the Fifth Circuit · 1982
- National Fidelity Life Insurance Co. v. Joan KaraganisCourt of Appeals for the Seventh Circuit · 1987
- Heiar v. Crawford CountyCourt of Appeals for the Seventh Circuit · 1984
- Allegheny Energy, Inc. v. Dqe, Inc.Court of Appeals for the Third Circuit · 1999
- In the Matter of Leslie BOOMGARDEN, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1985
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