First National Bank v. Standard Oil Co.

TUTTLE, J., pro tem.

This is a suit in equity for declaratory relief, under the provisions of section 1060 of the Code of Civil Procedure. A decree was entered declaring the rights of the parties under the provisions of a certain lease between them. Certain parties to said lease now prosecute this appeal from the judgment.

The appeal is taken by the so-called “alternative method” and there is no controversy as to the facts, which are all agreed upon in a stipulation filed in the cause.

It appears from the briefs of respondents that on October 26, 1921, a number of land owners in the vicinity of…