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REAGAN v. UNION OIL CO. OF CALIFORNIA

No. 83-244.

675 P.2d 953 (1984)

Barney REAGAN, Plaintiff and Respondent, v. UNION OIL COMPANY OF CALIFORNIA, a corp., and The Montana Power Co., a corp., Defendants and Respondents.

Supreme Court of Montana.

Decided January 23, 1984.

Attorney(s) appearing for the Case

Jardine, Stephenson, Blewett & Weaver, Curtis G. Thompson and Alexander Blewett, argued, Great Falls, for plaintiff and respondent.

Poore, Roth & Robinson, C. Richard Anderson and Robert Poore, argued, Butte, for defendants and respondents.

GULBRANDSON, Justice.

This case comes on appeal from an order granting plaintiff's motion for partial summary judgment on September 14, 1982, by the District Court of the Second Judicial District, Silver Bow County. We vacate the order of the District Court.

Pursuant to a 1944 agreement, Reagan's predecessor in interest and his associates (Reagan Associates) owned a twenty percent "net proceeds" interest in profits derived from production obtained from certain...

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