Mercer v. American Oil & Refining Co.

This action was commenced in the district court of Pontotoc county by J. W. Mercer and Minnie Mercer, referred to herein as plaintiffs, against American Oil & Refining Company, a corporation, et al., referred to herein as defendants, to cancel an oil and gas lease as to a certain portion of the land covered thereby for breach of implied covenants of further development.

The facts as established by the pleadings and evidence are substantially as follows: Plaintiffs executed the lease in question to defendant as of date of October 18, 1925, for a period of five years and as .much longer…