CASS v. PRIOR

Nos. 3-74-Civil-218, 3-75-Civ-66, 3-75-Civil-116.

404 F.Supp. 780 (1975)

Alexander S. CASS et al., Plaintiffs, v. Ferrell L. PRIOR et al., Defendants. Fred GERBIG et al., Plaintiffs, v. Ferrell L. PRIOR et al., Defendants. Lloyd A. FISH et al., Plaintiffs, v. Ferrell L. PRIOR et al., Defendants.

United States District Court, D. Minnesota, Third Division.

December 8, 1975.


Attorney(s) appearing for the Case

David B. Morse, Thompson, Hessian, Fletcher, McKasy & Soderberg, Minneapolis, Minn., for plaintiffs.

Robert J. King, Hvass, Weisman & King, Minneapolis, Minn., for defendants Bethel College and Seminary and Bethel College and Seminary Development Foundation.

Harry C. Piper III, Lindquist & Vennum, Minneapolis, Minn., for defendant Carl H. Lundquist.

Lawrence E. Olsen, Parker & Olsen, Cambridge, Minn., for defendant Otto M. Janke.


DEVITT, Chief Judge.

In these three consolidated cases, plaintiffs allege, in identical complaints, that defendants fraudulently and deceptively offered to sell and sold in interstate commerce unregistered securities — fractional interests in oil and gas leases — in violation of federal and state securities laws. Defendants Bethel College and Seminary Development Foundation (hereinafter Foundation), a Minnesota corporation, Bethel College and Seminary...

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