Lockwood Oil Co. v. Atkins

The defendant assigned to the plaintiff certain oil and gas leases on three separate tracts of land. The lands were situated in the same township and range, but in different sections. One of the tracts contained 160 acres, and was located in section 16, and the other two tracts contained 4.0 acres each, and were located in sections 18 and 32.

The price paid by the plaintiff for the entire acreage covered by the three leases was $16,000.

It - turned out that a mistake had been made in describing the 40-acre tract in section 32 in the lease from Mrs. Dora Gembert to the defendant, Atkins; it…