Stady v. Texas Co.

The opinion of the court was delivered by

Wedell, J.:

This was an action to cancel a regular producer’s oil and gas lease, commonly known as an “unless lease,” for failure to pay the annual delay rentals and for damages under the provisions of G. S. 1935, 55-202, for failure to release. Judgment went for plaintiff, and defendant appeals.

The parties stipulated as to the amount of damages in the event cancellation was decreed. The court made findings of fact and conclusions of law. The findings were:

“1. On December 18, 1933, F. W. Splitter was the owner, among other properties, of the real estate…