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NOEL v. LOCKER

No. 40076.

382 P.2d 734 (1963)

Pauline NOEL et al., Plaintiffs in Error, v. Harold R. LOCKER et al., Defendants in Error.

Supreme Court of Oklahoma.

Rehearing Denied June 18, 1963.

Attorney(s) appearing for the Case

Rainey & Barksdale, Okmulgee, for plaintiffs in error.

Hays & Beidleman, Okmulgee, for defendant in error Harold R. Locker.

JOHNSON, Justice.

In August, 1958, one Leland M. Jewett was the owner of certain oil and gas leases in Okmulgee County, Oklahoma, subject to an overriding royalty of 1/8th of the 7/8ths working interest. On the 1st day of August, 1958, Jewett tendered to Pauline Noel, one of the plaintiffs in error, a written contract whereby he assigned a one-fourth "net profits" interest in said leases, subject to the provisions of such...

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