Smith v. Baucum

Plaintiff owned timbered lands situated in Bienville parish, La. He sold the timber thereon, and in the deed of conveyance a time limit was fixed within which the timber was to be cut and removed from the land. There was also a clause in the deed which provided for an extension of the time limit for the cutting and removal of the timber. This extension was to be from year to year, not exceeding five years, upon the annual payment by the vendee of the sum of $140 and all current taxes on the property and upon the vendee refunding to plaintiff the taxes paid thereon by him for the year 1910.…