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MASTER v. OWENSBORO NATIONAL BANK

338 S.W.2d 408 (1960)

E. N. MASTER et al., Appellants, v. OWENSBORO NATIONAL BANK, Executor and Trustee, etc., et al., Appellees.

Court of Appeals of Kentucky.

Rehearing Denied October 14, 1960.

Attorney(s) appearing for the Case

James S. Sandidge, Owensboro, for appellants.

Byron, Sandidge, Holbrook & Craig, Humphreys, Jones, Beard & Rummage, Owensboro, McDonald, Alford & Roszell, Lexington, for appellees.

CLAY, Commissioner.

This is a declaratory judgment action involving the basic question of whether or not the assignees of a part of an oil and gas lease have forfeited or abandoned their interests by reason of the failure to undertake any development of the assigned portion for a period of 18 years. The fundamental issue of abandonment is presented here as it was in the case of Cameron v. LeBow, Ky., 338 S.W.2d 399, and the principles...

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