Ratcliff v. Paul

The opinion of the court was delivered by

Dawson, J.:

This action, in three counts, was brought to recover damages for fraud and breach of covenant in an assignment of certain fractional interests in an oil ánd gas lease.

The plaintiff alleged that Robinson and Nelson, as agents of Paul and Penley, through false representations on which he relied, induced him to purchase an undivided one-sixth interest in an oil and gas lease for $2,500. Pursuant to this contract, thus fraudulently induced, Paul and Penley assigned the oil and gas lease to plaintiff, beneficially as to the one-sixth interest and…