BOND, Chief Justice.
On May 23, 1946, W. J. and R. M. Spurlock were owners in fee of approximately 468.8 acres of land out of the Joseph Rice Survey in Henderson County, and on said date executed and delivered to W. B. Hinton an oil, gas and other minerals lease in the usual Texas form, with covenant reserving 1/8th of the market value at the well of all oil, gas and minerals produced from said land. The lease, pertinent here, provides that "The breach by lessee of...
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