Opinion

Gypsy Oil Co. v. Rambo

  • 78 Okla. 140
  • 189 P. 193
  • 1920 OK 169
  • 1920 Okla. LEXIS 327
Court
Supreme Court of Oklahoma
Filed
Apr 13, 1920
Status
Published
Author
Higgins
On the bench
Higgins, Owen, Rainey, Pitoheord, Meneild, Bailey
Cited by
0 cases
Authority
More cited than 0.0%

The opinion

HIGGINS, J.

This is a suit by T. A. Rambo,. hereinafter called plaintiff, against the Gypsy Oil Company, hereinafter called defendant, to cancel an oil and gas lease as a cloud upon his title.

Plaintiff purchased lands covered by this lease, previously executed by his grantor to

*141

tlie defendant herein. By the terms of the lease, the lessee, the defendant herein, agreed to complete a well in a stipulated time or pay to the lessor a stipulated sum per acre for each year such completion was delayed. The lease further stipulated that upon payment of a certain sum the lessee had the option to surrender and cancel the same. This suit is brought upon the doctrine of lav,- as laid down in Brown v. Wilson et al., 58 Okla. 392 , 160 Pac. 94 , wherein it was held 'that under such a surrender clause the lessor, too, had the option to cancel the lease at any rent-paying period. Brown v. Wilson et al., supra, was the latest expression of this court as to the power of the lessor to cancel the lease under the surrender clause of the same at the time this case was tried in the lower court. This court now holds that the consideration expressed in the lease is a sufficient consideration for the granting by the lessor of the option to the lessee to"surrender and cancel the lease, and that this option is not granted to the lessor merely for the reason it is reserved to the lessee. Northwestern Oil & Gas Company v. Branine, 71 Oklahoma, 175 Pac. 533 ; Southwestern Oil Co. v. McDaniel, 71 Oklahoma, 175 Pac. 920 ; Pucini v. Baumgarner, 71 Oklahoma, 175 Pac. 537 ; Rich v. Doneghey, 71 Oklahoma, 177 Pac. 86 ; Eastern Oil Co. v. Beatty, 71 Oklahoma, 177 Pac. 104 ; McCray v. Miller, 78 Okla. 16 , 184 Pac. 781 .

The plaintiff, the successful party in the trial court, does not favor us with a brief.

Reversed and remanded.

OWEN, O. X, and RAINEY, PITOHEORD, MeNEILD, and BAILEY, JX, concur.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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