Shell Oil Co. v. Lutz

BROWN, Justice.

Appellant oil company purchased several leases from appellee Lutz in the year 1927. Such purchases were made under the law generally known as the Relinquishment Act, and being Articles 5367 et seq., Revised Civil Statutes 1925.

The form used is the customary “Producers 88 Form”, which contains the consideration clause “that lessor for and in consideration of (here stipulating the actual cash paid), cash in hand paid, the receipt of which is hereby acknowledged, and of the covenants and agreements hereinafter contained on the part of lessee to be paid, kept and performed, has…