Engel v. Eastern Oil Co.

Hatcher, Judge:

The defendants are owners of an oil and gas lease, executed in 1915 by D. S. Engel et al., on 265 acres of land in Braxton county. The lease is for a period of ten years, and as long thereafter as gas or oil should be produced. It provided, among other items, (a) that a well should be completed within ninety days from the date of the lease, or lessees should pay at the rate of $66.25 for each three months thereafter completion should be delayed, (b) that in case gas was struck, a payment of $75.00 a quarter should be made for each gas well -within 60 days after commencing to…