Rhodes v. Mound City Gas, Coal & Oil Co.

Citations

• 80 Kan. 762
• 104 P. 851
• 1909 Kan. LEXIS 158

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>1. Mineral Leases — Assignment—Description of Land Covered by Leases. An assignment of mineral leases covering real estate “immediately surrounding” Mound City, Kan., was properly interpreted by the district court to include a lease of land situated a half mile distant from the town site.</p> <p>S,. - Covenant to Drill Well or Make Annual Payments— Time of Payment. In the absence of terms indicating a contrary intention a covenant in a gas-and-oil lease to drill a well on the leased premises within two years or thereafter to pay $80 annually until a well is drilled does not require the annual payihents to be made in advance, and the covenant is performed by a single payment of the entire sum at any time before the end of the year for which it is made.</p>