Legal Opinion
Phillips Petroleum Co. v. Payne Oil Corp.
Court of Appeals for the Tenth Circuit
Decided December 15, 1944No. 2972PublishedCited by 9 opinions
1Opinion of the Court
PHILLIPS, Circuit Judge.
On September 29, 1931, Payne Oil Corporation 1 was the owner of a valid and subsisting community oil and gas lease covering the greater portion of Block 71 in Shields’ South Oklahoma City Addition to Oklahoma City, Oklahoma. On that date, it assigned the lease to the Phillips Petroleum Company.2
The assignment provided that Phillips should pay to Payne the proceeds from the sale of one-eighth of the seven-eighths working interest in the oil, gas, and casing-head gas produced from the lease, after deducting from such proceeds one-eighth of the “cost and expense of…
2Cases cited6 opinions
- Manhattan Oil Co. v. MosbyCourt of Appeals for the Eighth Circuit · 1934
- Winemiller v. PageSupreme Court of Oklahoma · 1919
- Smith v. FergusonSupreme Court of Oklahoma · 1923
- Eustis Packing Co. v. MartinCourt of Appeals for the Fifth Circuit · 1941
- Securities & Exchange Commission v. Thomasson Panhandle Co.Court of Appeals for the Tenth Circuit · 1944
1 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- United States v. TonerCourt of Appeals for the Third Circuit · 1949
- Shipley v. Pittsburgh & L. E. R. Co.District Court, W.D. Pennsylvania · 1949
- United Telecommunications, Inc., a Kansas Corporation v. American Television and Communications Corporation, a Delaware CorporationCourt of Appeals for the Tenth Circuit · 1976
- Hecht Co. v. McLaughlin Hecht C. v. Ellison Bronze Co., IncCourt of Appeals for the D.C. Circuit · 1954
- Skyway Aviation Corporation, a Nebraska Corporation v. Minneapolis, Northfield and Southern Railway Company, a CorporationCourt of Appeals for the Eighth Circuit · 1964
4 more not listed; retrieve them via the Exa API.