Brennan v. Carter

MILLIKEN, 'Chief Justice.

Appellants, W. G. Brennan and A. R. Umland, seek reversal of a judgment of the Allen Circuit Court decreeing forfeiture of their right to possession of three oil and gas leases under an operation and option to purchase contract. We shall refer to the appellants henceforth as the' operators and the appellees as the lessors.

A few months prior to the execution of the contract, the lessors, C. M. Carter, Sr., J. C. Carter, Glen Britt, J. H. Collins and Fred J. Hale, all businessmen of Scotts-ville, Allen County, had acquired in the county three abandoned oil leases known…