Peveto v. Starkey

SONDOCK, Justice.

This is a suit for a declaratory judgment. Starkey seeks to have a term royalty interest conveyed to Peveto declared void. 1 He also seeks to have a term royalty interest in the same property conveyed to him declared valid. The trial court rendered judgment for Starkey, and the court of appeals affirmed the trial court judgment. 624 S.W.2d 310. We reverse the judgments of the courts below.

A.G. Jones and his wife conveyed an undivided three-fourths term royalty interest 2 in several tracts of land to Peveto. The primary term of the royalty deed was “for a period of fifteen…