Hillard v. Stephens

Milas H. Hale, Special Justice.

This case is before the Supreme Court pursuant to Rule 29 (1) (n) as it presents issues of first impression regarding gas rights. Appellants, plaintiffs below, the “Hillards,” are lessors of seven gas leases in Franklin County, Arkansas. Appellees, “Stephens,” are the lessees.

The first lease was executed on or about February 6, 1957, and all of the gas produced from the wells, except that part used, retained and/or purchased by the Hillards under the leases and as modified by letter agreements was sold for use off of the premises under long-term gas purchase…