Nantt v. Puckett Energy Co.
North Dakota Supreme Court
1Opinion of the Court
MESCHKE, Justice.
Puckett Energy Company appeals from a $72,000 judgment in favor of plaintiffs (“Rockstads”) on Puckett’s second drafts for additional bonus for its separate top leases of oil and gas of the Rockstads’ individual undivided mineral interests under a half-section in Williams County. Puckett claims that a special clause in its top leases gave Puckett the option of paying the second drafts or, alternatively, that its top leases were void under the rule against perpetuities. We reject both claims and affirm the judgment.
Rockstads are relatives who own various fractions of the…
2Cases cited22 opinions
- Becker v. BeckerNorth Dakota Supreme Court · 1978
- Matter of City of New York (Upper N.Y. Bay)New York Court of Appeals · 1927
- West v. Alpar Resources, Inc.North Dakota Supreme Court · 1980
- Frankfort Oil Company, a Division of Carstairs Bros. Distilling Company, Inc., a Foreign Corporation v. W. F. SnakardCourt of Appeals for the Tenth Circuit · 1960
- State ex rel. Rausch v. Amerada Petroleum Corp.North Dakota Supreme Court · 1951
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- Addy v. AddyNorth Dakota Supreme Court · 1990
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