Hamilton v. Baker

G. W. Baker and his wife made an oil and gas lease on their 230-acre Montague County farm August 12, 1944, for a primary term of ten years. The lease contained this provision:

“If no well be commenced on said land on or before the 12th day of August, 1945, this lease shall terminate as to both parties, unless the lessee on or before that date shall pay or tender to lessor, or to the lessor’s credit in the First National Bank at Saint Jo, Texas, or its successors, which shall continue as the depository, regardless of changes in the ownership of said land, the sum of Two Hundred Thirty and…