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REYNOLDS v. McNEILL

No. 4-9348.

236 S.W.2d 723 (1951)

REYNOLDS et al. v. McNEILL et al.

Supreme Court of Arkansas.

February 26, 1951.

Attorney(s) appearing for the Case

Homer T. Rogers, Smackover, Gaughan, McClcllan & Gaughan, Camden, for appellants.

Keith & Clegg, Magnolia, for appellees.

GEORGE ROSE SMITH, Justice.

This is an action by the appellants to cancel an oil and gas lease which they executed to appellee McNeill on April 7, 1949. The lease was for a term of six months and as long thereafter as oil or gas was produced in paying quantities. The lessee paid nothing for the lease, the instrument containing this provision: "The consideration for the execution of this lease is: Lessee agrees to begin the drilling of a well * * * before the 15th...

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