Gulf Coast Minerals Management Corp. v. Myers

POPE, Justice.

Plaintiff, Jimmy B. Myers, obtained a summary judgment. Defendant, Gulf Coast Minerals Management Corporation, on appeal insists that it should have obtained a summary judgment. The appeal concerns the meaning of a contract. During September, 1960, plaintiff, Myers, wrote a farm-out letter to Gulf Coast. The letter stated the terms by which Gulf Coast could acquire mineral rights to described property in Jim Wells County. The first paragraph of the letter stated:

“This letter when accepted by you will evidence the understanding and agreement by and between Gulf Coast Minerals…