Shaw v. Guaranty Liquidating Corp.

On January 23, 1937, plaintiff and his wife, by “Partial Assignment of Lease” assigned to defendant corporation a certain oil and gas lease dated July 2, 1928, between the United States of America, as lessor, and plaintiff, as lessee. Insofar as said lease pertains to and affects a portion of the lands originally demised under the “Partial Assignment” defendant agreed to make application to the Secretary of the Interior for approval of said assignment within ninety days after delivery thereof to defendant “. . . and that if said assignee shall not have procured such approval within 1 year…