Cox v. Miller

GRISSOM, Justice.

On September 13, 1937, Mitchell M. Cox and others executed an oil and gas lease to R. M. Ragsdale. It recited that for a consideration of $10 paid and “the covenants and agreements hereinafter contained on the part of the lessee to be paid, kept and performed,” the lessors had leased 179 acres for the purpose of mining and operating for oil and gas. The lease contained the following provisions material to a decision of the case (1) “It is agreed that this lease shall remain in force for a term of five years from this date, and as long thereafter as oil or gas, or either of…