Yucca Mining & Petroleum Co. v. Howard C. Phillips Oil Co.

CARMODY, Justice.

Appellant sought damages for breach of an oil well drilling contract and alternatively for rescission and damages. From a judgment denying relief, based generally upon equitable estoppel, this appeal followed.

The issues to be determined relate to the application of the statute of frauds to an oral modification of a written contract, whether a corporation is bound by the actions of its president or director, the substantial evidence rule and the pleading and proof required as to estoppel.

Plaintiff-appellant will be referred to as “Yucca” and defendants-appellees will be…