Shuler v. Barnes

MEMORANDUM OPINION

ADAMS, Judge:

E. Omar Barnes and Roberta Barnes appeal a trial court judgment determining A.L. Shuler and Grace Shuler, as trustees, own one-half of all royalties reserved under present and future oil and gas leases covering a 480 acre tract of land in Beaver County, Oklahoma. This judgment followed a trial to the court in which the parties established the facts which follow.

On December 10, 1951, the Shulers and the Barnes executed a Contract For Deed wherein the Shulers, as first parties, agreed to sell to Barnes, as second parties, a 480 acre tract of land in Beaver County,…