Huntsman v. Monarch Oil & Gas Co.

(Opinion of the Court by

Judge Moorman

Reversing.

In 1918 Rupert Huntsman sold and conveyed to the Monarch Oil and Gas Company seven-eighths of his interest in an oil and gas lease on a ninety-acre tract of land in Allen county known in the record as the W. E. Oliver lease. The conveyance, written at the bottom of the original lease, is as follows:

*608“For and in consideration of one dollar cash in hand paid, the receipt whereof is hereby acknowledged, I 'hereby sell, transfer and assign seven-eighths of my rights, title and interest in and to the within attached W. E. Oliver oil and gas lease, to…