Horse Shoe Mining Co. v. Red Rose Lead & Zinc Mining Co.

Opinion by

ESTES, C-

Plaintiff in error, Horse Shoe Mining Company, a corporation, herein referred to as intervener, was the owner of a mining leasehold estate in 20 acres of real estate in Ottawa county, on which there were no improvements. Its lease was duly recorded in 1917. Thereafter, in the same 5'ear, intervener entered into a contract with J. ,B. Rives and W. B, Atkins and assigns, providing for sale and conveyance to them of all its interest in such real estate, a mining lease being attached to such agreement, for $32,000 — $10,000 in cash, $1,000 within 30 days, and the balance to be…