Caldwell v. Alton Oil Co.

This is a suit to cancel an oil and gas lease affecting 47 acres of land situated in Caddo parish.

The grounds alleged are: (1) That no well was commenced or drilled on said land within the time stipulated in the lease which was one year from the date of the lease; and (2) that neither during the said one year from the date of said lease, nor at any time thereafter, did the lessee or his assigns discover or produce oil or gas in paying quantities from said land.

The lease was executed by the plaintiff to E. M. Brown, Jr., on January 6, 1921, and Brown assigned the same to the Woodbine Oil…