Legal Question in Securities Law in California

besed on the following can i get The Mount Stephen Oil Company was organized by George Cloakey and T. G. Weston. They drilled a well in the Monarch field west of Olds, Alberta that by 1916 cost of $100,000. A second well was put down in Turner Valley but was suspended in 1919. After this, Mount Stephen attempted to negotiate a sale of their holdings, which was eventually accomplished with the disposal of the assets to the McLeod Oil company in return for shares. Cloakey then went on to establish the Seneca Oil Company$ for my stock

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Asked on 3/13/10, 12:04 am

1 Answer from Attorneys

Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Canadian law is probably going to apply. This would have to be re-asked as a question of Canadian or Alberta law (if we even cover Canada; I don't know). Also, don't use your personal email identification, although mentioning companies from almost 100 years ago is probably not in itself a violation of LawGuru rules against use of names or otherwise revealing the names of parties to a dispute.

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Answered on 3/18/10, 8:55 am


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