Denman v. J. M. Huber Corp.

BREWSTER, District Judge.

Preliminary Statement

Plaintiffs have brought this suit seeking to recover damages on the ground that the defendant has been and is breaching its contractual obligation under the royalty clauses of three natural gas leases by refusing to pay for the royalty gas at the alleged market price or market value instead of at the lesser price actually paid during the period from January 1, 1958 to the date of judgment. Each one of the leases involved provided for the payment of a stipulated price until certain designated dates in the latter 1940’s. Prior leases involving the…