Legal Opinion
Exum v. Laub
Court of Appeals for the Fifth Circuit
Decided December 29, 1936No. 8129PublishedCited by 7 opinions
1Opinion of the Court
STRUM, District Judge.
By assignment dated August 14, 1931, of an oil and gas lease now being operated by appellants, as trustees for Gibson Oil Corporation, the assignor George Laub (appellee here) reserved an overriding royalty of % of all gas and oil produced by natural flow; s/m by artificial power; “and provided further that in event the total production of all wells drilled upon said lease shall decline to a point below 200 barrels per day, the interest of the assignor so reserved shall be automatically reduced to an undivided % of the gross production from said lease.”
None of the wells,…
2Cases cited6 opinions
- Ryan v. KentTexas Commission of Appeals · 1931
- Uinta Tunnel, Min. & Transp. Co. v. Ajax Gold Min. Co.Court of Appeals for the Eighth Circuit · 1905
- Cocke v. Vacuum Oil Co.Court of Appeals for the Fifth Circuit · 1933
- Dublin Electric & Gas Co. v. ThompsonCourt of Appeals of Texas · 1914
- Butler v. Jenkins Oil CorporationCourt of Appeals of Texas · 1934
1 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- National Surety Corporation v. Western Fire & Indemnity CompanyCourt of Appeals for the Fifth Circuit · 1963
- Midas Oil Co. v. WhitakerCourt of Appeals of Texas · 1938
- Spell v. HanesCourt of Appeals of Texas · 1940
- McLachlan v. StroubeCourt of Appeals of Texas · 1959
- Beene v. Midstates Oil CorporationCourt of Appeals for the Eighth Circuit · 1948
2 more not listed; retrieve them via the Exa API.