Laseter v. Sistrunk

Under the pleadings, the issue in this case was whether complainant, Douglas E. Laseter, was victimized by the fraud of the defendants Walter Sistrunk, Xavier M. Frascogna, Jim Williams, and Southwest Gas Producing Company, Inc., in trying to discover oil and gas, and was entitled to recover damages therefor. Defendant, Southwest Gas Producing Company, Inc., by its cross bill, sought recovery from complainant Laseter, for his proportionate part of the expense of the second and third wells, in which he became a joint operator.

During the 1960’s, there has been considerable interest in the…