(Download) "Novita Oil Co. Et Al. v. Smith Et Ux." by The Texas Court of Criminal Appeals # Book PDF Kindle ePub Free
eBook details
- Title: Novita Oil Co. Et Al. v. Smith Et Ux.
- Author : The Texas Court of Criminal Appeals
- Release Date : January 22, 1952
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 58 KB
Description
The Smiths sued Novita Oil Company, incorporated, and M. E. Hatcher for the purpose of establishing their ownership of a two-thirds interest in the Keen and Reed leases in Stonewall County, which were in the name of said oil company. Plaintiffs alleged that prior to May 18, 1950, they and M. E. Hatcher were engaged in the business of buying oil and gas leases and royalties in West Texas, particularly in Stonewall County, for their joint account, sharing the cost and expenses incurred in acquiring them; that Bonner Smith obtained the names of the owners of the Keen and Reed leases and, about May 18, 1950, called Keen at his residence in San Angelo and learned that a lease on his land in Stonewall County was for sale but the price would have to be "negotiated"; that Smith advised Keen he would go to San Angelo or send someone there to try to buy the lease; that Smith sent his wife to Abilene to meet Mrs. Hatcher, before going to San Angelo to attempt to purchase the Keen lease; that Mrs. Smith met Mrs. Hatcher in Abilene and they prepared oil and gas leases on the Keen and Reed lands; that Mrs. Smith and Mrs. Hatcher went to San Angelo, met the Keens and obtained a lease on their land and then went to Clyde and obtained a lease from the Reeds; that Mrs. Smith paid part of the expenses incurred on said trip and those incident to acquiring the Keen and Reed leases; that Mrs. Hatcher, president of Novita Oil Company, incorporated, paid the lessees with checks on said company; that Mrs. Smith and Mrs. Hatcher then filed such leases for record in Stonewall County and Mrs. Smith paid for the revenue stamps and paid the recording fees.