GEORGE ROSE SMITH, Justice.
This case turns upon the interpretation of a mineral deed executed in 1927 by the parties' predecessors in title. The appellees, who have succeeded to the grantors' interest, contend that the deed conveyed a V4th interest in whatever royalty might be reserved by the grantors in subsequent oil, gas, and mineral leases upon the property. Since the royalty was later fixed at %th of the production, the appellees' interpretation, which the chancellor...
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