Coastal Petroleum Co. v. Collins

RIVES, Circuit Judge.

Coastal Petroleum Company, a Florida corporation, filed against the Trustees of the Internal Improvement Fund of the State of Florida1 its action for a declaratory judgment to determine what is included within the term “minerals” in certain leases entered into between the parties. By resolution adopted March 23, 1954, the Trustees took the position that said leases did not include rutile, ilmenite, zircon and other metallic bearing minerals not produced from well borings. The complaint alleges:

“The action of the Trustees of the Internal Improvement Fund thus taken has the…