Peveto v. Starkey

SUMMERS, Chief Justice.

This is an appeal from a suit in which the trial court held that a royalty deed from A. G. Jones (Jones) to R. L. Peveto (Peveto) had terminated and was of no force and effect. Judgment was rendered in favor of the plaintiff, Ernest Starkey (Starkey).

We affirm.

The stipulated facts upon which this case was tried are as follows: On April 23, 1960, Jones conveyed to Peveto a three-fourths non-participating term royalty interest in certain described lands. 1 The term was for 15 years and “as long thereafter as oil, gas or other minerals, or either of them, is produced or…