Golden Circle Gospel Foundation Enjoined.
The Security Exchange Commission Fort Worth Regional Office announced June 6 (LR-3521) the entry of a Federal court order (USDC, Oklahoma City) permanently enjoining the offer and sale of bonds of the Golden Circle Gospel Foundation in violating the registration and anti-fraud provisions of the Federal securities laws.
Those so enjoined, in addition to the Foundation (a Texas corporation), were: Cal-L Exploration Coproration, A California corporation, Dewitt T Langford and Gerald T Langford of Austin Texas and Santa Barbara, California, Claybron Deering and D.B. Hoskins, both of Oklahoma City and Deering Associates Church finance Plan, INC, Western Fidelity Corporation, Oklahoma Fidelity Corporation and Fidelity Acceptance Corp.