Atlas Oil Co. v. Logan

Plaintiffs importuned defendants to grant them an oil lease on certain property already under lease to other parties. Defendants at first refused to grant the lease, but were finally persuaded to do so on the assurance that they had everything to gain and nothing to lose, as plaintiffs would take all the risk of annulling (if possible) the other lease on the property, and that there would be “no comeback” whatever upon them. They, received $4,500 for the new lease.

Plaintiffs were not successful in annulling the first lease, and now bring this suit to recover from defendants the $4,500 which…