Reed v. Eastin

The controlling issue presented for decision by this appeal is whether an oil and gas lease to 40 acres of land in Clay county, executed by Mary Ellen and Leo C. Eastin to Leon Pommier on February 19, 1941, and recorded March 3, 1941, is superior to an instrument denominated “Sale of Oil and Gas Royalty,” executed by the same grantors to Earl Abner Reed and his wife, Helen S. Reed, on February 24, 1941, and placed of record the next day. Disposition of this question is, in turn, dependent upon whether Reed, on February 24, 1941, as a matter of fact, had actual notice of the lease or knowledge…