Sklar Oil Corporation v. James

WILLIAMS, Justice.

Sklar Oil Corporation, plaintiff below, alleged, which was agreed to by L. L. James, the defendant, that Delta Drilling Company, one McEntire, plaintiff and defendant as owners and operators of a 40-acre leasehold estate entered into a written contract, dated June 29, 1935, under which the full operation or management of the leasehold for the use and benefit of the four owners was placed in and operated by Delta until August 1, 1937. This contract stipulated among other provisions that:

“(A) Delta shall charge against said property the reasonable actual direct operating…