8/4/1937: Crosby buys an undivided 1/12 mineral interest in Survey 64. The Granting clause says 1/12 of all the OG & other minerals in and under Crosby conveys an undivided 1/96 minteral interest in Suvey 64 to Southland. Includes 1/12 of all rentals & royalty by the 8/5/1937: terms of such lease or leases. Granting clause, habendum clause, subject to clause, & future lease clause Right of reverter in 1/12 of the mineral estate Estate misconception Tipps: Four Corners Luckel: What happens when an OGL is executed?
8/4/1937: Crosby buys an undivided 1/12 mineral interest in Survey 64. The Granting clause says 1/12 of all the OG & other minerals in and under 8/5/1937: Crosby conveys an undivided 1/96 minteral interest in Suvey 64 to Southland. Includes 1/12 of all rentals & royalty by the terms of such lease or leases. Granting clause, habendum clause, subject to clause, & future lease clause Right of reverter in 1/12 of the mineral estate Tipps: Estate misconception Luckel: Four Corners What happens when an OGL is executed?
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