Payne v. Holmes

McDONALD, Chief Justice.

This suit was brought by appellant R. C. Payne against appellee John W. Holmes. At the close of plaintiffs case the trial court instructed a verdict in favor of defendant.

Payne, the plaintiff below, alleged that he had assembled a block of oil and gas leases in Grayson County, Texas, under an agreement with the landowners that the leases were to be delivered to Payne if he would drill or cause to be drilled and completed, not later than September 1st, 1938, a well producing not less than ten barrels of oil per day; that he made a verbal agreement with the defendant…