Legal Opinion
Hummel v. Kranz
North Dakota Supreme Court
Decided March 5, 1964No. 8081PublishedCited by 2 opinions
1Opinion of the Court
MORRIS, Chief Justice.
On February 12, 1959, Johnnie Plummel,. Jr. and Claudia F. Hummel purchased from the defendants, doing business as Kranz Oil Company, a working interest in an oil well located in Saskatchewan, Canada, not. yet drilled but to be situated on Legal Subdivision number 15 on the North One-half and the Southeast Quarter of Section 22,. in Township 6, Range 9, West of the Second Meridian. The purchase was evidenced by a "Working Interest Agreement” for which the purchasers agreed to pay a stated consideration and
“In return, you are to receive one % of the net proceeds of the…
2Cases cited10 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- D. H. Roe and Stratoray Oil, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1961
- State v. DudleySupreme Court of Louisiana · 1925
- Longacre v. KnowlesSupreme Court of Missouri · 1960
5 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Witter v. BuchananAppellate Court of Illinois · 1985
- Denver-Metro Collections, Inc. v. KleemanColorado Court of Appeals · 1971