Smiley v. Thomas

Prior to April 1,1925, O. L. Kendrick was the owner of a forty acre tract of land in Miller County and on that date executed a deed to J. W. Koonce, denominated “Warranty Deed, Oil, Cas and Mineral Royalty,” containing these recitals: “That we, O. L. Kendrick, a single man, for and in consideration of the sum of $100, One Hundred and No/100 Dollars, to us cash in hand paid by J. W. Koonce, receipt of which is hereby acknowledged, do hereby grant, bargain, sell and convey unto the said J. W. Koonce and to his heirs and assigns forever, the undivided one-half interest in and to all of the oil,…