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

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.