Root v. Townsend

Opinion of the Court by

Judge Quin —

Affirming.

Jacob Townsend and wife own about 100 acres of land in Powell county. November 30, 1915, they executed and delivered a lease on the above premises for the recited consideration of $1.00, under the terms of which the lessees were authorized to explore for oil and gas, and to remove same therefrom for a term of ten years from date, and as much longer thereafter as oil and gas were found thereon. The lease is in the usual form. Upon *57failure to drill a well, during the first year, lessee was to pay an annual rental on the property until the well was…