Melancon v. Texas Company

*599FOURNET, Chief Justice.

This is a suit to cancel an oil, gas and mineral lease executed by the landowner plaintiff, Arthur Melancon, and now held by the defendant, The Texas Company, affecting a 120 acre tract of land situated in Lafourche Parish;1 and this appeal is from a judgment ordering the cancellation.

The undisputed facts in the record show that the lease was granted by the plaintiff on July 20, 1944, for a primary term of 5 years, with a $600 bonus or cash consideration, to G. L. Paret, who within a few days assigned same to the defendant, The Texas Company; and by agreement between…