British American Oil Producing Co. v. Midway Oil Co.

The plaintiff, Midway Oil Company, instituted this suit against the British American Oil Producing Company to recover an undivided one-half interest in two oil and gas leases described as the Piersol lease and the Russell Place lease. It was the theory of plaintiff, Midway, that the defendant, British American, held in said leases a one-half interest for itself, and a one-half interest in trust for Midway.

This contention was based upon a business relationship which was founded upon a contract between British American and the Victor Oil Company. The interest of Victor Oil Company, hereinafter…