Gordon v. Stanford

Citations

• 109 Kan. 524
• 200 P. 282
• 1921 Kan. LEXIS 312

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Oil and Gas Lease — Lease Assigned by Lessee — Assignee Liable for Rent. Where an oil and gas lease provides for the payment of rent in ease development is not begun within a stated time, one who takes an assignment of it as security for a debt owing to a bank of which he is cashier thereby becomes liable for the rent subsequently accruing.</p>