Fort Worth National Bank v. Ballanfonte

TUNKS, Chief Justice.

This case involves a dispute as to the oil and gas leasehold interest in a tract of land in Colorado County. Fort Worth National Bank became the holder of such lease and for a while produced oil and gas under it. The bank’s lease provides that, after production began, it should remain in force so long as production continued. Joe Ballanfonte claims under a lease contract covering the same land and providing that it shall become effective when the lease of which the bank is lessee shall expire or terminate. Ballanfonte filed suit in the district court of Colorado County…