McKay v. Tally

The appellees, Tally and wife, sued appellant; McKay, to cancel an oil lease on 590 acres of land in Clay county, upon the alleged ground that there was no consideration therefor, and because the same was void, in that it was an option or unilateral contract, and because the lessee, or his assigns, had done nothing towards beginning operations under the lease. The lease is to R. L. Schmidt, dated December 18, 1917, and was acknowledged on the same day by Tally and wife, and filed for record on that day. McKay appears to be the assignee of the lease from Schmidt. The lease in effect stipulates…