Dunham v. Loverock
Supreme Court of Pennsylvania
Appeal, No. 177, Oct. T., 1893, by plaintiff, M. B. Dunham, from decree of C. P. Venango Co., April T., 1891, No. 3, dismissing bill in equity against defendants, William Loverock, W. H. Pickett and George H. Dun-ham. Bill in equity for account, etc.
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Appeal, No. 177, Oct. T., 1893, by plaintiff, M. B. Dunham, from decree of C. P. Venango Co., April T., 1891, No. 3, dismissing bill in equity against defendants, William Loverock, W. H. Pickett and George H. Dun-ham. Bill in equity for account, etc. The bill averred that, in 1888, Emma F. Coutant made two leases for oil mining purposes for twenty years, reserving one eighth royalty, for, respectively, two acres to William Loverock, and eight acres to B. F. Shamburg, the same being situate in Oil Creek township, Venango county. Also that the undivided half of the eight acre lease soon after…
1Opinion of the Court
Opinion by
Mr. Justice Williams,
The important facts in this case are few and free from controversy. The question presented is new and has considerable practical^ importance. For some time prior to the 16th January, 1889, William Loverock was the owner of an undivided one half part of a leasehold estate in about ten acres of land, and of the oil well, fixtures and machinery on said leasehold. At the date above mentioned M. B. Dunham purchased the other undivided one half part of the same leasehold and of the well and other property thereon from a former owner. At the time of his purchase the…
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