The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1927-02-24
Further C|ldrses In
So, 900. 900 Suit.

DODVVVyVVV DUlI
KalispelI, Feb 49, An amended
and supplemental complaint filed ii
district court here is new step il
the litigation Of David r. Greer ant
others against stockholders of the
Flathead Oil Lands company. ant
makes the Kaispell-Keyin Oil com
pany a party to the suit
The amended complaint. reciting
the details Of the organization Of the
FIathead Oil Lands company and the
employment Of Ralph Arnold, geol;
ogist. who, it is alleged, informed
Stannard, Lang and Emmons, direc-
tors of the corporation and J M.
Carlson an employe. that the Flat
head valley was not prospective oil
or gas territory. Charges that Ar
mold offered to examine and report on
the lands in the territory now known
as the Kevin-Sunburst oil field for a
one-tenth interest, which offer was
accepted and the leases obtained by
EInmons
1t is further charged that on March
16, 1921, the defendants, while sstil
directors of the Flathead Oil Lands
compny, formed the Kalispell-Kev
Oil company, a common law trust and
that they with Theo Torbenson and
J. E. Erickson became trustees of the
company and caused to be transfer
red and assigned to the Kalispell-
l<evin company all the leases ac-
quired for the Flathead Oil Lands
company without the knowledge OF
the plaintiffs.
Later it is said Torbenson and
Erickson resigned as directors of the
KalispelI-Ke company and Carlson
and F O. Williams were chosen iu
their places. The oil leases acquired
are alleged by the plaintiffs to have
value Of $4,000 600 and they say the
Kalispell-Kevin company has received !
returns of approximately $l,O00,0Oe
since its organization for which NJ
accounting has been made to thf
Flathead Oil Lands company or is
stockholders. they allege that the de
defendants, in August 1921, spent
funds Of the Flathead Oil Lands com
pany to secure leases which were af
assigned to the Kalispell
Kevin company and the plaintiffs be
Iieve and allege that other funds Q!
the Oil Lands company were spent
for the same purpose. knowledge o3
the acquisition of the leases, the Sc
curing Of information from Arnolf
that the lands were oil bearing anS
he alleged FRAUDULENT assignment q
cases. it is charged by the plaintiffs
was withheld from them so that they
lid not learn Of these actions unit
Iune, 1926.
The plaintiffs ask that Standard
.ang, Emmons and Carlson individ
tally and as trustees OF he KalispeI
xevin company be required to make
IN accounting, that the court declare
trust in favor Of the plaintiffs, and
hat a receiver be appointed to hold
nd manage affairs until all sums due
nder such accounting shall have
een paid. The court is also asked
8 find and declare that the leases are
he property Of the plaintiffs and
beneficially interested, especi
lily the Flathead Oil Lands company
nd that the defendants be required
) execute due legal conveyance I,
hereof and also be restrained from I
isposing or encumbering any right
tile or interest in the leases or dis
ributing any Of the profits which {
lay hereafter accrue from same, ex ]
ept on court order, G. S Baldwin
H. Mcdonald and Hurd, Rhoades
Iall & McCabe of Great Falls appear J
il the plaintiffs