Neeley v. Intercity Management Corp.

OPINION

KENNEDY, Justice.

This is an appeal from a judgment on a suit for taxes, royalties, operating expenses, personal property and equipment rentals which the jury found were owed to plaintiffs, Intercity Management Corporation, Don Bodine and Marvin Schmalzreid by appellants Charlie Neeley and Earl Gilbert.

Intercity Management Corporation is the operating company on several oil leases. Neeley and Gilbert are leasehold working interest owners in all the fields that Intercity manages which are the subject of this suit. There is no written agreement between Intercity and the appellants. After…