Taylor v. Newman

BIRD, Judge.

Appellants are owners in fee simple of two tracts of land consisting of 54 and 100 acres respectively. They obtained title by deeds dated in 1948 and 1950.

Appellees are the owners of two separate gas and oil leases covering each of the two tracts. These leases were originally executed by appellants’ predecessors in title on October 14, 1926, and January 3, 1927, and through various assignments both leases became the property of appellees.

Both leases were operated and oil was produced in varying quantities on each. A small quantity of oil is still being produced on the larger tract.