Collins v. Atlantic Oil Producing Co.

SIBLEY, Circuit Judge.

By a suit at law in the District Court, C. O. Collins sought to recover of Atlantic Oil Producing Company $24,000, with interest and costs of suit; it being the remainder of the consideration due for assignments made by him to the company of certain oil and gas leases. A general demurrer was sustained, and this appeal followed. The petition incorporates the leases to Collins running for primary terms of ten years from September, 1925, and November, 1926, the preliminary contracts for their sale in July, 1929, and the formal assignments executed September, 1929. The…