BOOTLE, District Judge.
J. A. Morgan, on December 23, 1953, obtained an oil and gas lease from Cora Suggs, et al., paying therefor Six Thousand ($6,000.00) Dollars. On July 24, 1954, for a cash consideration of Seventy-One Thousand Four Hundred ($71,400.00) Dollars, he did "sell, set over, transfer, assign and specially warrant unto E. A. Vaughey" the lease, and Vaughey the same day executed an assignment to Morgan of "one-sixteenth of * * * all oil, gas and other...
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