Lyle Cashion Co. v. McKendrick

WRIGHT, District Judge.

Plaintiff in this action seeks a declaratory judgment against the defendant declaring that the defendant has no interest in any “leases, royalty, etc.,” acquired by plaintiff within six months following March I, 1950 within a radius of ten miles of a well site described in an agreement entered into between the parties on April 29, 1950. The defendant opposing the demand for declaratory judgment asserts that the plaintiff and defendant were engaged in a joint venture in the purchase of leases and the drilling of wells in Jefferson County, Mississippi, and that the…