Texas Pac. Coal & Oil Co. v. Belcher

On October 22, 1919, Belcher and wife executed and delivered to the Texas Pacific Coal & Oil Company, plaintiff below, an oil and gas lease to 2,055.6 acres- of land in Hartley county, Tex., for a term of five years, the company agreeing to pay therefor the sum of $1 per acre annually in advance. On the same day Belcher and wife also executed and delivered W. K. Gordon a general warranty deed, conveying to said Gordon a one-sixteenth interest in and to all the oil, gas, coal, and other minerals under the said land so leased to the company. This deed contained the following provision, in…