Yantis v. Parker

Opinion by

ESTES, C.

Parties will be referred to as they appeared in the trial court, inverse to their order here.. Defendants, being the owners of 40 acres, executed a conveyance of an undivided one-fourth interest in all mineral rights, including royalty rights, therein, to plaintiff Yantis for a consideration of $500, title to be held by the latter for the convenience of one Ryan, to whom the sale was made and for whose benefit the conveyance was executed. The agreement with Ryan was that said deed should be placed in escrow in a bank' in Wewoka, the express condition being that same was to…