Atlantic Oil Producing Co. v. Crile

OPINION OF THE COURT

WATSON, J.

Relator, owning a state oil and gas lease dated January 23, 1925, similar in form and substance to that considered in State ex rel, Malone v. Crile, 34 N. M. 520, 284 P. 762, claimed the right to surrender it and to' receive in lieu thereof a new lease in the form authorized by Laws 1929, c. 125 (1929 Comp. § 132 — 401 et seq.). Respondent, the commissioner of public lands, offered to issue such a lease for a term equal to the remainder of the five-year term of the surrendered lease. This relator refused, claiming that the act gave him the right to a full…