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BROOKS v. SUPERIOR OIL CO.

No. 14806.

210 F.2d 533 (1954)

BROOKS et al. v. SUPERIOR OIL CO.

United States Court of Appeals Eighth Circuit.

March 3, 1954.

Attorney(s) appearing for the Case

Bernard Whetstone, El Dorado, Ark., for appellants.

H. W. Varner, Houston, Tex., and B. L. Allen, El Dorado, Ark. (Davis & Allen, El Dorado, Ark., and W. B. Wagner, Houston, Tex., on the brief), for appellee.

Before SANBORN, JOHNSEN, and COLLET, Circuit Judges.

COLLET, Circuit Judge.

The Superior Oil Company owned a leasehold in Ashley County, Arkansas, known as the "Bradley Lease". One oil well, designated Bradley No. 1, had already been brought in but was not in production. On June 7, 1949, appellee wrote one Claude R. McSpadden proposing the following agreement. Superior was to assign the lease to McSpadden, reserving only certain overriding royalty rights in oil produced from the lease-hold, if McSpadden would drill...

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