Union Producing Company v. Scott

ALLRED, District Judge.

Interpleader action by plaintiff Union Producing Company, (hereafter called Union), a Delaware corporation, against defendants, all resident citizens of Texas. Plaintiff is the owner of an oil and gas lease on certain lands in Hidalgo County, executed by the defendant Par-melee and Etchison groups on July 29, 1954. Plaintiff also holds a co-owner’s lease agreement executed by W. S. Stovall, the owner of an undivided interest in the minerals, on August 6, 1950.

The lease was for a paid-up primary term of five years from December 13, 1954, “and as long thereafter * * * as…