Sias v. Johnson

ALLEN, Circuit Judge.

Appeal from a decree granting cancellation of a contract, ordering the reconveyance to appellant of a one-half interest in 3,500 acres of “wildcat leased land,” holding that appellant Fred Sias has no right, title or beneficial ownership in certain real property known as the “Grubb 80” except by way of security, and determining in an accounting that appellant Fred Sias is indebted to the G-Lee-P Oil Development Company, the owner of the Grubb lease, in the sum of $57,238.33.

In December, 1929, Fred Sias, the principal appellant (his wife, Hattie Sias, having been joined…