Eastern States Petroleum Co. v. Universal Oil Products Co.

The Chancellor :

The case is before this court on a

bill to set aside a license agreement, which permitted the complainant, on the payment of certain fees, to use a patent process, known as the “Dubbs Process,” to crack crude oil for the production of gasoline. Both parties to that agreement knew that crude oil produced in the East Texas' oil fields was to be used by the defendant for that purpose.

The original bill, as amended, alleges that the defendant’s agents falsely stated to the complainant’s officers that “East Texas crude oil, treated under the Dubbs Cracking Process, would yield 69% of…