Bond v. Marlin

136 S.W.2d 460, 199 Ark. 806, 1940 Ark. LEXIS 42
CourtSupreme Court of Arkansas
DecidedJanuary 8, 1940
Docket4-5721
StatusPublished
Cited by5 cases

This text of 136 S.W.2d 460 (Bond v. Marlin) is published on Counsel Stack Legal Research, covering Supreme Court of Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bond v. Marlin, 136 S.W.2d 460, 199 Ark. 806, 1940 Ark. LEXIS 42 (Ark. 1940).

Opinion

Humphreys, J.

Appellants, J. B. Bond and W. M. Coats, were the plaintiffs in the lower court, and appellee, Tom Marlin, was defendant, and appellant, Gertrude Doyle, was an intervener.

The abstract of the pleadings appearing in appellants’ brief is correct and clearly presents the issues involved in the litigation and, rather than attempt to abbreviate the pleadings ourselves, we adopt and incorporate them in this opinion as a concise statement of the issues involved.' They are as follows:

On February 1, 1938, appellants, J. B. Bond and W. M. Coats, filed suit in the Union chancery court against appellee, Tom Marlin. Bond and Coats alleged that on the 4th day of August, 1926, they and one Frank R. Foster purchased from Phillip Garrett and others an undivided five-twelfths interest in and to the oil, gas and other minerals in and under and that might be produced from the west half of the northwest quarter (W1/^ NWy4)j section twenty-four (24), township eighteen (18) south, range seventeen (17) west, Union county, Arkansas; that- about that time they entered into an agreement with Frank R. Foster by which they agreed to and did furnish Foster money with which to purchase certain mineral interests in Union county, Arkansas, including the interest above described; that under said agreement-Foster was authorized to purchase minerais and resell the same, or any part thereof; that when sufficient money had been realized from sales of mineral interests to reimburse Bond and Coats for money advanced to Poster to purchase such interests, then Poster was to have an undivided one-third interest in the minerals and mineral rights not disposed of, and that Poster purchased the mineral interest above described for $833.30, which was paid by Bond and Coats.

Plaintiffs further alleged that the defendant, Marlin, at that time was acting as attorney for the firm of Bond & Evans, which was composed of J. B. Bond and Tex Evans; that he was also representing Poster in a number of transactions; that for the protection of plaintiffs and to facilitate the acquisition and sale of said mineral interests, title thereto was taken in Marlin’s name, and that the deed which was executed by Phillip Garrett and others was made to Marlin, and was filed for record in the office of the circuit clerk and recorder of Union county on the 19th day of August, 1926, and is duly recorded in record book 233, page 469 of said record.

Plaintiffs further alleged that Poster, acting for himself and plaintiffs, sold one-half of the above described mineral interest, being an undivided five-twenty-fourths interest in the oil, gas and other minerals in the land described above, to W. D. Wingfield, and that the defendant Marlin, pursuant to instructions from Poster and the plaintiffs, executed and delivered a deed to Wingfield conveying said interest to him.

Plaintiffs alleged that, after the sale’ to Wingfield, title to the remaining undivided five-twenty-fourths interest in the minerals in the land described above remained in the' defendant Marlin, who at all times has held same in trust for the benefit of plaintiffs and Poster, their heirs, devisees or assigns; that plaintiffs at this time are uninformed as to the ownership of the undivided one-third of said five-twenty-fourths interest which did belong to Poster, but they allege that the other two-thirds of said interest is at this time held in trust by Marlin for their benefit, and that at all times until recently the defendant has never disputed plaintiffs’ title to said mineral interest, but on tbe contrary has at all times recognized their interest therein, and admitted that he held the same in trust for their benefit.

It is further alleged in the complaint that recent development for oil and gas in the vicinity of the land above described has caused said minerals and mineral rights to greatly enhance in value; that plaintiffs could, were they in a position to convey title thereto, obtain a substantial consideration for said mineral rights; that a few days before the filing of suit plaintiffs requested the defendant to execute to them a conveyance of said mineral rights so that they would be in a position to sell, handle and dispose of their property as they might see fit and proper, but the defendant refused to convey said interest to them, denied that they owned any interest in said minerals and informed them that he claimed the absolute title thereto.

Plaintiffs prayed for a decree of the court adjudging that the defendant holds said minerals and mineral rights as trustee for their benefit, for an order directing the defendant to execute proper conveyance to plaintiffs, and, upon his failure to do so, for a decree divesting title to said mineral interest out of the defendant and vesting the same in plaintiffs. They prayed for costs and general .relief. The complaint was duly verified by plaintiff Coats.

The defendant, Marlin, in his answer admitted that Poster purchased said mineral interest from Phillip Garrett and others, and that the title thereto was taken in defendant’s name,■"but he denied that plaintiffs had any interest therein. He admits that he conveyed one-half of said mineral interest to W. D. Wingfield at the instance of Prank B. Poster, but he denied that he did so at the instance of the plaintiffs and denied that he had any knowledge or information that plaintiffs had any interest in said transaction or in the minerals conveyed by Phillip Garrett and others to him. He admits that after the sale to Wingfield the title to the remaining undivided five-twenty-fourths interest in the minerals .in said land remained in him, but denies that he has at all times held same in trust for plaintiffs and Foster, and denies that he ever held two-thirds of said interest in trust for the benefit of the plaintiffs. He denies that he has ever recognized plaintiffs’ interest in said minerals, or ever admitted that he held same in trust for their benefit.

Marlin alleges that on or about the 4th day of August, 1926, Foster purchased from Garrett and others an undivided five-twelfths interest in and to the oil, gas and other minerals in, on and under and that might be produced from the tract of land described .above, and that said interest was deeded to Marlin by Garrett and others. He states that at the time said interest was purchased he did not know or have any information that plaintiffs, or either of them, claimed any interest in the minerals, and that he has had no such information since that time; that a short time after he deeded an undivided five-twenty-fourths interest in said minerals to W. D. Wingfield, Foster, being indebted to him, and in consideration of the settlement of the indebtedness that was due him, agreed for Marlin to keep the remaining five-twenty-fourths interest in said minerals as his own property, and that he has at all times since then held the same as his own property; that during said period of time, plaintiffs never intimated or said anything to him about their being the owners of the property or having any interest therein until recent development for oil and gas in the vicinity of said land; that he has never held said interest in said minerals in trust for plaintiffs and has never known or recognized anyone in said transaction other than Foster; that he is entitled to have his title to an undivided five-twenty-fourths interest in the minerals in and under said land quieted and confirmed in him as against plaintiffs.

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Bluebook (online)
136 S.W.2d 460, 199 Ark. 806, 1940 Ark. LEXIS 42, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bond-v-marlin-ark-1940.