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Vipont Mining Co. v. Uranium Research & Develop. Co.

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eBook details

  • Title: Vipont Mining Co. v. Uranium Research & Develop. Co.
  • Author : Supreme Court of Wyoming
  • Release Date : January 18, 1962
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 68 KB

Description

Vipont Mining Company sued The Rim Group, a mining joint venture, its trustee, E.S. Norton, Uranium Research and Development Company, and Western Uranium - Page 869 Corporation, alleging the creation of The Rim Group; Viponts purchase of a members (Wades) 40 percent interest in twenty-six of the claims in the belief that Wade had an unrestricted right to sell his interest; The Rim Groups subsequent refusal to recognize Vipont as a bona fide purchaser of Wades interest; The Rim Groups later receipt of certain moneys by virtue of leases made by it to the other defendants; and its failure and refusal to pay the sums due to Vipont; Viponts lack of knowledge as to the moneys The Rim Group had received; the danger to the moneys and property should a receiver not be appointed; and Nortons violation of his trust by a refusal to pay to Vipont.


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