Frazier v. Hanlon Gasoline Co.

The Cosden Oil Gas Company, while owner of an oil and gas lease, constructed a large earthen tank upon the leased land and made sales of the impounded water to adjoining lease owners for drilling purposes. A controversy with the landowner arose over the asserted right to sell the water to such lease owners, and, in compromise of litigation between A. J. Jones, the owner of the land, and said company, the latter, on October 23, 1924, released its claim to any interest in the lake, and quitclaimed to Jones all existing contracts for the sale of water from the same, effective November 1, 1924.

In…