Nevada Equities, Inc. v. Willard Pease Drilling Co.

OPINION

By the Court,

Thompson, C. J.:

This appeal by Nevada Equities and its indemnitor, The Home Indemnity Company, 1 is from a judgment for $32,565 in favor of Willard Pease Drilling Co., which sum was found to be the balance due on a well drilling contract. The main issue is whether the drilling company is precluded from maintaining suit since, according to the appellants, it did not hold necessary licenses.

The object of the well drilling contract was to explore for hot mineral water of an artesian nature. The drilling company was to deepen a 2,000-foot hole at the well site to a depth of…