Finch v. Beyer

Citations

• 94 Kan. 525
• 146 P. 1141
• 1915 Kan. LEXIS 119

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Oil-and-Gas Lease — Lease Transferred No Estate in Land or Title to Minerals — Valid Without Being Listed for Taxation. An instrument purporting to “demise and grant” the minerals in a tract of land for a term of years, and for as much longer as minerals should be produced in paying quantities, the lessee to pay the lessor a royalty on all the mineral produced, hut not obligating himself to prosecute mining operations beyond starting a well within sixty days, does not transfer the title to the mineral, and need not be recorded or listed for taxation in order to be valid.</p>