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WARD v. HELIS

No. 8725.

102 F.2d 519 (1939)

WARD v. HELIS.

Circuit Court of Appeals, Fifth Circuit.

March 24, 1939.

Attorney(s) appearing for the Case

Wm. N. Bonner, of Houston, Tex., W. D. Gordon, of Beaumont, Tex., and Andrew R. Martinez, of New Orleans, La., for appellants.

Lloyd J. Cobb and Morris Wright, both of New Orleans, La., for appellee.

Before SIBLEY, HOLMES, and McCORD, Circuit Judges.

McCORD, Circuit Judge.

In the year 1935 the Iberia Oil Corporation and Y. D. Spell owned a seven eighths working interest in a mineral lease covering sixty acres of land in the Little Bayou Oil Field in Iberia Parish, Louisiana. On February 6, 1935, the oil company and Spell entered into a written option agreement with William Helis whereby the said Helis was given the right to purchase their interest in the mineral lease. The option contract was prepared jointly...

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