Illinois National Oil & Gas Co. v. Sinclair

This is an appeal from a decree of the circuit court of Marion county construing a deed from the Illinois National Oil and Gas Company to Edward L. Dee and ordering the claim of appellant to be removed as a cloud upon the title of the plaintiff. The cause is before us on direct appeal, a freehold being involved.

On February 1, 1937, appellee entered into a contract with Edward L. Dee according to which the appellee agreed to assign to Dee three-fourths of the working interest in and to certain oil and gas leases on certain described premises. In consideration of the assignment of the leases,…