Taylor v. Towns

John Hancock Mutual Life Insurance Company sold to Towns and Bracewell "all of the sawmill timber of all kinds measuring not less than ten inches in diameter at twenty-four inches from the ground, now standing and growing, dead, or falling,” on certain described land. The conveyance contained further provisions as follows: "It is hereby agreed between the parties that the grantees shall have the right and privilege, for and during a period of three years from the date hereof, to go upon said described land with their agents and employees, and cut and remove said timber, and that for these…