McMahon v. Christmann

MARTIN, Justice.

This suit involves the construction of an oil and gas lease containing a clause whereby appellants reserved unto themselves an overriding oil and gas royalty. The suit was filed by appellants, John L. McMahon, Jr., Joseph K. McMahon, Myra McMahon Bullington and her husband, Ralph E. Bull-ington, against appellees, John J. Christ-mann, J. M. Welborn, F. M. Tate, Stano-lind Oil Purchasing Company and Shell Oil Purchasing Company. The two ■ oil companies appear only as stakeholders of the funds held by them from production on the leased premises.

It was stipulated by the parties…