Humble Oil & Refining Co. v. Lasseter

SELLERS, Justice.

' In 1912 Henry Belcher acquired title to an undivided 8¾760 interest in 30.47 acres of land located in Rusk county and also located in what is known as the East Texas oil field. H. E. Lasseter, Gordon Simpson, Z. J. Spruiell, and Oran Lowry, prior to the filing of this suit, acquired title to one-half Henry Belcher’s interest in the land. The remaining interest in the 30.47 acres of land is owned by some forty other parties who have executed to the Humble Oil & Refining Company an oil and gas lease on their undivided interests in the tract. The Humble Oil & Refining Company…