Pollock v. McAlester Fuel Company

Appellant William M. Pollock, Jr., owned an undivided one-half interest in the oil, gas and other minerals on a certain 20-acre tract in Ouachita County, Arkansas. The owner of the other undivided one-half interest had leased it to appellee Mc-Alester Fuel Company, and the Company was desirous of leasing Pollock’s half also, so that it could drill on the whole tract as a unit. After considerable negotiations between the parties and their representatives, an instrument called an “Oil and Gras Lease” was executed by them under date of July 21, 1947, covering “an undivided one-half (%) interest…