American Industrial Leasing Company v. Costello

This controversy arises out of a mining agreement entered into by W. J. Costello, hereinafter referred to by name or as the plaintiff, and the Superior Mines Corporation, which will hereinafter be referred to as Superior. The American Industrial Leasing Company is Superior’s successor in interest, and will be referred to as American or as the defendant.

On or about April 3, 1952, Costello, as the lessee, and Superior as the lessor, entered into a mining lease whereby Costello was to mine certain complex ores containing gold, silver, lead, copper and zinc near the town of Bonanza in Saguache…