United Carbon Co. v. Presley

Riley, Judge:

United Carbon Company, a corporation, lessee under two oil and gas leases, one dated November 19, 1936, from J. L. Presley and wife, and the second dated September 27, 1941, from Benjamin D. Shatto and others (herein called “Shatto group”), both leases covering the same fifty-eight acres, more or less, on the waters of Mill Creek in Ripley District, Jackson County,1 sought by this bill of interpleader the direction of the Circuit Court of Jackson County in the matter of distribution of royalties under said leases. The pivotal issue is whether the Shatto group is entitled to…