Indiahoma Refining Co. v. Wood

In a suit filed by defendant in error, G. Clint Wood, against the India-homa Refining Company, and the St. Bouis ■& Port Worth Producing Company, plaintiffs in error, and the receivers of the Home •Oil Refining Company, it was alleged and proven that on June 17, 1E>19, plaintiff entered into a written contract whereby he agreed to sell to the Home Oil & Refining Company an undivided one-half interest in and .to a 117-acre oil and gas lease in Wichita county, Tex., for a consideration of $500,000, payable ■as follows: $10,000 cash, $40,000, July 7,1919, $50,000 August 7, 1919, $50,000…