OKLAHOMA NATURAL GAS CO. V. OKLAHOMA, 273 U. S. 257 (1927)

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U.S. Supreme Court

Oklahoma Natural Gas Co. v. Oklahoma, 273 U.S. 257 (1927)

Oklahoma Natural Gas Co. v. Oklahoma

Nos. 154, 187

Submitted January 3, 10, 1927

Decided February 21, 1927

273 U.S. 257

Syllabus

1. At common law, and by the rule in the federal courts, dissolution of a corporation abates a litigation in which it is a necessary party. P. 273 U. S. 259.

2. A motion to substitute one corporation for another on the ground that the latter has been dissolved and that its assets and obligations have devolved upon the other should not be allowed, though consented to by the opposite party to the suit, in the absence of a full showing of the facts relating to the dissolution, its purpose, and effect. P. 273 U. S. 261.

3. Liquidating trustees, if appointed under the state statute governing the dissolution of the corporation, should appear on the motion for substitution in this Court. P. 273 U. S. 261.

Motions denied.

Motions to substitute the Oklahoma Natural Gas Corporation for the plaintiff in error, the Oklahoma Natural Gas Company.

Page 273 U. S. 258