Bremer v. Lane

ODOM, Justice.

Bremer, the plaintiff, executed a mineral lease in favor of the defendant Lane on 80 acres of land in Caddo parish, for a consideration of $7,750. The lease contract and Lane’s check for $7,750 were deposited in the First National Bank of Shreveport with an escrow agreement signed by the parties and accepted by the bank, the escrow agent. The deposit was made upon the ' following conditions recited in the escrow agreement:

“Party of the first part shall furnish and deliver abstract of title to the land described in said oil and gas sale or (and) assignment, within ten days from…