STEPHENS, Circuit Judge.
Appellee company, a California corporation, entered into agreements with the owners of three separately owned tracts of real property, looking toward the drilling of an oil well on each of said tracts. Thereby appellee acquired an undivided interest in the fee to each of said three tracts and agreed to drill an oil well on each tract. By the agreements the common fee owners were to receive a percentage of the oil and gas produced from the...
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