American Oil Company v. Rasar
Tennessee Supreme Court
1Opinion of the CourtJustice Burnett
The question for determination in this lawsuit is: Did the Oil Company, as the assignee under a registered assignment from the lessee, properly exercise its rights to an option as given under the said lease contract for a renewal of said contract for the first five-year renewal period?
On March 2, 1950, one Myers and wife who were the owners of a tract of land in Carter County, Tennessee, leased this to Pan-Am Southern Corporation. On January 31,1957, the Pan-Am Southern Corporation assigned this lease to the American Oil Company, complainant herein. On June 22, 1950, Myers and wife sold a…
2Cases cited4 opinions
- Jones v. HornerCourt of Appeals of Tennessee · 1953
- Hinchman v. City Water Co.Tennessee Supreme Court · 1943
- Kentucky Home Mut. Life Ins. Co. v. RogersTennessee Supreme Court · 1954
- Noles v. Winn Oil Co. Inc.Court of Appeals of Tennessee · 1947
3Cited by17 opinions
- Andrews v. BlakeArizona Supreme Court · 2003
- Norton v. McCaskillTennessee Supreme Court · 2000
- SDG MacErich Properties, L.P. v. Stanek Inc.Supreme Court of Iowa · 2002
- United States v. 0.35 of an Acre of Land, More or Less, Situated in Westchester CountyDistrict Court, S.D. New York · 1988
- Southern Region Indus. Realty, Inc. v. Chattanooga Warehouse and Cold Storage Co., Inc.Court of Appeals of Tennessee · 1980
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