Continental Oil Co. v. Landry

HAWTHORNE, Justice.

This is a concursus proceeding provoked by the Continental Oil Company, an oil purchaser, and involves a 1/32 royalty. The company deposited in the registry of the court funds representing the purchase of the royalty oil in question and cited the adverse claimants thereto to appear and assert their respective ownerships to the royalty and to the funds so deposited.

The pertinent facts necessary for our decision in the instant case are as follows:

On August 21, 1935, Frank Eloi Landry, the then as well as the present owner of three distinct, non-contiguous tracts of land…