Chapman v. Sunshine Oil Corp.

On May 28, 1918, Wm. M. Johnson, lessor, granted and conveyed to John B. Howard and Alfred Tinally, lessees, all of the oil, gas, and other minerals in and under various sections of land. The instrument recites a cash consideration of $1 paid by the lessees, and provided a one-eighth royalty in favor of the lessor. Other material provisions of the contract were to the effect that, if operations for the drilling of an oil or gas well upon the premises were not begun within one year from its date, the conveyance should be forfeited, unless the lessees or their assignees should pay to the…