Sykes v. Austin

C. F. Sullivan owned a tract of land.. It was subject to an oil and gas lease whereunder he was to receive, the usual one-eighth of oil and gas produced and saved, as royalty. He made an agreement with C. E. Sykes, the present defendant, to sell Mr. Sykes one-half of said one-eighth royalty, and a short memorandum of the agreement was made in writing, Sullivan later to execute the formal conveyance. Sullivan then refused to perform the agreement, and an action for specific performance was brought against him by Sykes. Sykes was successful in said action, the trial court’s judgment, as…