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JackieJack

Fort Worth, TX

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#105
Jun 29, 2007
 
Page #11

Judge Sends Walling Heirs Case to Securities Department
Nolan Clay -- 08/24/1989

A judge ruled Wednesday a state agency did not follow proper procedures when it made accusations against an association that seeks to recover a lost family fortune.

In a lawsuit, the Oklahoma Department of Securities has accused the leaders of the Walling Heirs Association of fraud.

The association is based in Oklahoma City.
The state agency wanted Oklahoma County District Judge James Gullett to ban the association from recruiting members and from spending the members' contributions.

But the judge ruled the securities department first must have an administrative hearing on its accusations before filing a lawsuit. The judge sent the controversy back to the securities department for a hearing, but he said he will monitor the association's funds.

The agency's attorneys told Gullett it may challenge his ruling to the state Supreme Court.

Another judge on June 27 put a temporary ban on most association business. Gullett's decision Wednesday wiped out the temporary restraining order.

Association president Beatrice Thedford said she formed it on May 7, 1987, to finance a lawsuit against several large oil companies over oil royalties and land in three east Texas counties.

The Walling Heirs Association on Tuesday filed a lawsuit in Rusk County, Texas, for a determination of heirship.

Thedford said the land belonged to her ancestor, John Walling Sr., and his children were forced to sell the land for worthless Confederate money in 1864.

In legal documents, the state securities department reported the association had $1,133,765 in deposits from May 1987 to March 1989. But $830,550 has been taken out, it reported.

Attorneys for the Walling Heirs Association brought 1,222 letters from members to court on Wednesday.

The judge was told the members are asking in the letters that he let the association continue its efforts to recover the Walling fortune.
JackieJack

Fort Worth, TX

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#106
Jun 29, 2007
 
State Tells Heirs Group Not to Sell Memberships
Nolan Clay -- 02/05/1990

The Oklahoma Department of Securities has ordered leaders of the Walling Heirs Association to stop selling association memberships that the leaders claim were used to fund an effort to recover a lost family fortune.

The order which resulted from a hearing before a securities department administrative officer states that the Walling Heirs Association; its president, Beatrice Thedford; and her two daughters, Karen Thompson and LaDonna Spradlin, violated the Oklahoma Securities Act by selling unregistered securities.

The order, issued January 23, lists findings from four days of hearings in December and January.

The order detailed these findings, based on testimony: Thedford actively recruited members for the association by placing newspaper advertisements seeking people who believed themselves heirs of John Walling Sr.

More than 4,000 members contributed to the association.

Memberships were not limited to those believing they were heirs.

Potential members were urged to join as "finder's fee" members even though they had advised association employees they were not heirs or even related by marriage to heirs of John Walling Sr.

Originally, the finder's fee heirs were to obtain 10 percent of "any recovery off the top, before payment of attorneys' fees."

But later the association leaders changed that to limit recovery of finder's fees only after payment of attorney fees.

Thedford "dominated" the activities of the association and did not allow her board members to vote on association decisions.

Association funds were commingled with the personal funds of Thedford and money from these commingled accounts was used to pay personal expenses and make a personal loan to Thedford's sister.

In an effort to seek comment, numerous attempts to contact Thedford at her home in Moore and at the association office at 2729 SW 44 were unsuccessful.

Failure to obey the order is a felony punishable by a fine of not more than $10,000 or imprisonment not more than 10 years or both upon conviction. The order was filed in the securities department by administrator Susan Bryant.

The state agency first filed a lawsuit last summer asking an Oklahoma County District Court judge to bar association members from recruiting members and from spending the members' money.

But Judge James Gullett ruled the securities department first must have a hearing on its accusations before filing suit.

Gullett said he would monitor association funds until the hearing.

At that time the securities department reported the association had made $1,133,765 in deposits from May 1987 to March 1989. But $830,550 has been withdrawn, the department reported.

In October, the leaders were accused in another lawsuit of improperly spending contributions meant to fund an effort to recover the lost family fortune of John Walling Sr.

In the lawsuit petition, 58 members asked Oklahoma County District Judge John Amick to impound the association's remaining funds and turn the money over to a new board of directors.

They also asked that association leaders be forced to reimburse the association "for all funds recklessly, negligently and improperly spent," to turn over any profits from those leaders' administration of the association and to pay punitive damages "for fraudulently inducing" contributions.

Thedford said she formed the association May 7, 1987, to finance a lawsuit against several large oil companies over oil royalties and land in three east Texas counties.

Thedford claimed the land belonged to John Walling Sr. and that his children were forced to sell the land for worthless Confederate money in 1864.
JackieJack

Fort Worth, TX

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#107
Jun 29, 2007
 
Page #13

Walling Group Faces Bankruptcy
Nolan Clay -- 02/13/1990

The Walling Heirs Association ended up in bankruptcy court Monday, but it plans to reorganize.

"The members have the choice. The members can vote to reorganize the association, or they can let it die with dignity," said the association's attorney, Karen L. Howick.

The association's founder, Beatrice Thedford, has said she started it three years ago to finance a lawsuit against several large oil companies over oil royalties and land in three east Texas counties.

Thedford said children of John Walling Sr. were forced to sell the land for worthless Confederate money in 1864.

The association has been called an effort to recover a lost family fortune. But the state securities department alleges the association's leaders have violated the law.

The legal move Monday means the members will decide the association's future, not the state securities department of, Howick said. She said the state agency is listening to a small, unhappy group of members instead of thousands who support the association.
The state agency has questioned the leaders' handling of funds and its recruitment of new members. It filed its second lawsuit against the association last Wednesday in Oklahoma County District Court.

Monday, attorneys for the state agency requested that an independent receiver handle the association's money.

Oklahoma County District Judge Eugene Mathews chose a receiver, after the attorneys told him the bankruptcy filing did not prevent him from acting.

The state agency's attorneys also told the judge that the association has taken in more than $1 million since it began in 1987.

"We're really not sure how much money they have left," one attorney said Monday.
JackieJack

Fort Worth, TX

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#108
Jun 29, 2007
 
Page #14

Walling Heirs Offers Members Refunds Under Court Settlement
Nolan Clay -- 04/06/1990

The Walling Heirs Association has agreed in Oklahoma County District Court not to recruit new members for its efforts to recover a lost family fortune.

The association also has agreed to give refunds to any dissatisfied members.

The association was founded three years ago, and its leaders said their plans were to file a suit on behalf of heirs of a Texas farmer, John Walling Sr., who died in 1841.

The Walling Heirs Association is based in Oklahoma City.

It has been at odds with the Oklahoma Department of Securities, which found its recruitment practices in violation of the law. The agency also questioned the association's handling of more than $1 million in membership fees.

The dispute ended up in court, with the state agency twice suing the Walling Heirs Association and its leaders. Dissatisfied members also sued the leaders.

On February 12, the association filed for reorganization protection in U.S. Bankruptcy Court.

The state securities department, meanwhile, got an Oklahoma County judge to appoint an independent receiver to handle the association's money.

Little of the money remained, attorneys said at the time.

A settlement, signed March 26, was in documents filed in bankruptcy court Wednesday. Under the settlement, all suits and the bankruptcy case are to be dropped.

The association is to offer its more than 4,000 members their money back. The offer must include documents detailing the association's finances, its plans and potential risks for those who want to stay in the association rather than get a refund.

Most members gave $200 each to join.

The Walling Heirs Association's survival depends on how many members accept the offer for a refund, said Charles E. Moore, director of enforcement for the state securities department.

Under the settlement, the association must file for bankruptcy and let a judge divide its assets among all members if it lacks money to make all the refunds requested.

The association also cannot seek new members, but can ask present members for more money.

The association founder, Beatrice Thedford, has said children of John Walling Sr. were forced to sell his land for worthless Confederate money in 1864. Oil was discovered on the land in 1928.

She said the association was formed to file a lawsuit in Texas to reclaim the land and recover millions of dollars in oil royalties.
JackieJack

Fort Worth, TX

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#109
Jun 29, 2007
 
In a lawsuit, the Oklahoma Department of Securities has accused the leaders of the Walling Heirs Association of fraud.

The association is based in Oklahoma City.

The state agency wanted Oklahoma County District Judge James Gullett to ban the association from recruiting members and from spending the members' contributions.

But the judge ruled the securities department first must have an administrative hearing on its accusations before filing a lawsuit. The judge sent the controversy back to the securities department for a hearing, but he said he will monitor the association's funds.

Thedford testified in court Thursday that she formed the association May 7, 1987, to finance and share in the proceeds from a planned lawsuit against several large oil companies over oil royalties and land in the Texas counties of Van Zandt, Rusk and Nacogdoches.

In legal documents, the state securities department reported the association had $1,133,765 in deposits from May 1987 to March 1989. But $830,550 has been taken out, it reported.

The Oklahoma Department of Securities has ordered leaders of the Walling Heirs Association to stop selling association memberships that the leaders claim were used to fund an effort to recover a lost family fortune.

The order which resulted from a hearing before a securities department administrative officer states that the Walling Heirs Association; its president, Beatrice Thedford; and her two daughters, Karen Thompson and LaDonna Spradlin, violated the Oklahoma Securities Act by selling unregistered securities.

The order, issued January 23, lists findings from four days of hearings in December and January.

The order detailed these findings, based on testimony: Thedford actively recruited members for the association by placing newspaper advertisements seeking people who believed themselves heirs of John Walling Sr.

At that time the securities department reported the association had made $1,133,765 in deposits from May 1987 to March 1989. But $830,550 has been withdrawn, the department reported.
IN-TRUTH

AOL

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#110
Jul 24, 2007
 
AGAIN MORE OF THE SAME. CON'S ALL AROUND

Since: Jan 07

Fort Worth, TX

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#111
Jul 26, 2007
 
IN-TRUTH do you know why there are no John Walling Heirs?

ANSWER: Because there is no valid case to get any oil royalties from the land that John Walling left to Richard and William. Absolutely none.

So what are they claiming an heirship on?

Oh, I know. Something I posted earlier -- Post 8197 concerning Alonzo Drew Walling who is a grand nephew to John Walling and Anna Chisum. Apparently he has something to do with Walling, TX. Maybe Bea can next go after antyhing and everything that Alonzo Drew Walling left to his heirs. Bea is related to him too! So there must be something there, wouldn’t you think? Maybe there are oil and gas wells in Walling, TX too!

Walling, TX was still listed as a community in 1990. And Alonzo Drew Walling died in 1936. I show him with no children.

His parents were James D. Walling and Sarah Emily Rushing.
His grandparents were John D. Walling and Millicent (Millie) Hurd
His grandparents were Thomas Daniel Walling and Nancy Jones
His great grandparents were James W. Walling and Mary Pugh-White
John Walling is a son of James W. Walling and his wife.

Well, IN-TRUTH, your posting #8207:
NO ONE HERE ACCUSED THEM OF ANY COMMON SENSE.

Now to add to this: Don't these people know an heir is: a person legally entitled to the property or rank of another on that person's death. LEGALLY ENTITLED.

The Legal Heirs sold LEGALLY sold the property over 140 years ago!
chuck

Bellefontaine, OH

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#112
Apr 7, 2009
 

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my buddy galen payed his dues $5k to become a part of gate keepers. he operates a health clinic. the fda came to visit one day. they have not been back since. the gate keepers asked for another $5K to insure more portection. their are ways to stop foreclosure. one is to file bankruptsy. i have heard of scams that file false bankruptsy papers to prolong the process.
go figure
A BELIEVER - Near Lubbock

Lubbock, TX

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#113
Aug 2, 2009
 

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For chuck, Gettysburg,PA -
Have you ever heard that there are LEGAL ways to stop foreclosure?
go figure
OHMYGOSH

Puyallup, WA

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#114
Jul 25, 2010
 

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Are You People For Rea! Sounds like total weirdness and a cult. If you need legal help, go find the best attorney you can find and pay that person $15K to help. At least you will have a receipt for your payment. ALSO... if God wants you to win or get help with something, I believe he will make it happen without GK! DUH! That is a statement for all of you who really believe in the good lord above. Maybe you need to look into your own faith in the Lord and turn it there and not fret over it... just give it to God and let him do what he sees fit with our problems. I know how hard this is, as I have had to work on this myself. God Bless!
A BELIEVER - Near Lubbock

Snyder, TX

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#115
Nov 18, 2010
 

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OHMY____- Bonney Lake, WA

Are you NOT aware as to the meaning of "GOSH"?
I believe that my God is working through the Gatekeepers to bring MUCH help to MANY people!!!!
And the Gatekeeper group has the BEST attorneys in this country!!!! It is what you know that just isn't so that is a problem.
Electric blue

AOL

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#116
Nov 18, 2010
 

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Ask God to show you the truth and nothing but the truth, until then you will be lied too forever!
A BELIEVER - Near Lubbock

Snyder, TX

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#117
Nov 20, 2010
 

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Electric blue -
HOW you DO need to practice what you preach on the above post!!!!!!
Electric blue

AOL

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#118
Nov 20, 2010
 

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Practice what I preach? Hum, lets see I am tell the truth on here and I live the truth on a daily basis. So, I guess I do practice what I preach, but I did not know talking to people is preaching. Well, typing to people.
Believer near Lubbock

Snyder, TX

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#119
Nov 21, 2010
 

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Electric blue -
You are SO LACKING in TRUTH in what you post that I can't begin to educate you as to the VAST IGNORANCE of your thinking!
Electric blue

AOL

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#120
Nov 21, 2010
 

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Some people just think talking makes it so. You remind me of someone! They like to point the finger at other people so their crime goes unpunished.
Believer near Lubbock

Snyder, TX

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#121
Nov 27, 2010
 

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Electric Blue -
Seems odd that with your mental incapacity that you know what "Some people just think makes it so" are really thinking.
You did not mention WHO the someone is in that "You remind me of someone!"
And you did not say WHO "They" is that "point the finger at other people so THEIR(?) crime goes unpunished". And just what is the crime?
Since you don't seem to mind posting statements that are "libel" which makes it be a crime you have committed, I guess you know what crime is....or do you have the mental capacity to know?
Electric blue

AOL

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#122
Nov 28, 2010
 

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Well I tell you what, you are such good friend with Mr. Eicke. Let him know what I have said, and let him know that I have so called slandered him. Please by all means tell him. I welcome the court battle with him. He is nothing but a coward, con, lying, no-good for nothing snake, who hides behind his religion. I would win in court just because he can not produce paperwork backing his "accomplishments".
Believer near Lubbock

Snyder, TX

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#123
Nov 28, 2010
 
Electric blue -
What an EVIL, EVIL heart your post shows you to have!!!
A BELIEVER - Near Lubbock

Snyder, TX

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#124
Nov 29, 2010
 
Electric blue -
Not only is, according to your posts, your thinking EVIL, EVIL but your posts also show you have a split personality. One is like a rat that jumps around and comes forth to destroy (Satan whom you serve is a destroyer) and the second is like a skunk that spews "stink" when it isn't even needed.
Your posts HAVE NOT shown proof of any of the above posted lies/libels that show you commit CRIME!!!
You mentioned "snake" in your post. On the farm a snake is known to be quite clever and eliminates rats that destroy. A snake does HELP not HURT as you are trying to do to the JWHT issue.
Mr. Eicke is honest, noble and has strong integrity. He is so busy HELPING people that he probably would not "stoop" to your level to hurt you even though he could crush you like a truck running over a skunk or see to it that your "crimes" lock you up like a rat in a cage.

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