Dabney Oil Co. v. Providence Oil Co.

This is an appeal from an order of court made pendente lite appointing a receiver.

The action grew out of the following facts: Plaintiff was and is a corporation organized under the laws of the state of Arizona, and authorized to do business in California. In March, 1908, it was, and -had been for several years, the owner of a leasehold estate in one hundred and ten acres of oil-producing lands in the MeKittrick District, and the owner in fee of one hundred and sixty acres of undeveloped 'and unproved oil lands in the Midway District, all in Kern County. During the years 1906, 1907, and 1908 it neglected and failed to pay the corporation license-tax required by the statutes of the state, by reason of which fact its right to conduct business therein as a corporation had been forfeited. The fact, however, that a forfeiture followed as a result of such default in the payment of the license-tax was unknown to its directors at the time. ' The company had become involved financially and in an action instituted therefor by the lessors, its lease to the lands in the MeKittrick District had been declared forfeited by a judgment rendered, from which an appeal had been taken and a motion…