Kinnebrew v. Tri-Con Production Corp.

GLADNEY, Judge.

Lee Kinnebrew and G. E. Joyce on July 30, 1960, assigned to Tri-Con Production Corporation certain oil, gas and mineral leases and reserved unto themselves a vendor’s lien and mortgage evidenced by a mortgage note of $3,000.00. Tri-Con on August 4, 1960 conveyed the leases to its president, Gordon M. LeBlanc, who, in turn, assigned the same to Claire Benz-Stoddard, now Mrs. Fred Falkin. The latter assignment was dated August 5, 1960, and contained no reference to the privilege and mortgage. All three of these instruments were filed for recordation by the Clerk of Court on…