Cox v. Lilly

Opinion of the Court by

Judge Moorman

Reversing.

Appellant owned a tract of land in Estill county on which he had executed an oil and gas lease, retaining one-eight of the product as royalty. He became dissatisfied with the operations of the sub-lessee and employed appellee to institute suit to expedite the development. At the same time-he sold to appellee a one-half interest in the royalty for $2,000.00, agreeing to pay him $500.00 to prosecute the suit against the sub-lessee and accepting his note for $1,500.00 due August 3, 1919, for the balance of tha *196purchase price. There were producing oil…