MacInnis v. Perram

229 P. 168, 103 Okla. 15
CourtSupreme Court of Oklahoma
DecidedSeptember 23, 1924
Docket13551
StatusPublished
Cited by4 cases

This text of 229 P. 168 (MacInnis v. Perram) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
MacInnis v. Perram, 229 P. 168, 103 Okla. 15 (Okla. 1924).

Opinion

Opinion by

RUTH, C.

This action was filed in the district court of Tulsa county by the,plaintiff in; error, D. R. MacInnis, plaintiff below, against the defendant in -irror, G. A. Perram, defendant below, and for convenience the parties will be designated as they appeared in the trial court.

The plaintiff first filed an instrument entitled “Affidavit” which he afterwards change ed to “Petition” and inserted plaintiffs’ and defendants’ names, also inserting in next to the last paragraph, the words “and that the plaintiff is without' adequate remedy at law and may be irreparably damaged unless such sale is restrained” and adding a prayer for general relief.

This petition alleges, in substance, that defendant represented to affiant that he was .owner and holder of an undivided seven-sixteenths interest in a good and valid oil and ■gas lease on certain land in Nowata county, and after negotiations plaintiff entered into a written contract with defendant of purchase and sale, and attached a copy of the contract to his petition and. makes it a part thereof. Plaintiff further alleges defendant operated under a, departmental lease and developed the lease and found oil in paying quantities. That defendant “failed to comply with the rules and. regulations governing departmental leases in that they 'failed and neglected to make reports of the development of said lease as required by said departments and therefore the lease is subject to forfeiture by the department”, and *16 therefore G. A. Perram had no interest, by reason thereof, in said oil and gas lease which he conld legally convey to the plaintiff.

Plaintiff further alleges in his petition as follows:

“This affiant further states that pursuant to said contract above mentioned, the said G. A. Perram attempted to assign an interest in an undivided seven-sixteenths interest in said lease, by executing a purported assignment thereof; and that in accordance with the rules and regulations of the department, such assignment, by its terms, did not take effect until the approval thereof by the Secretary of the Interior, application for which approval must be made within 30 days from date of said assignment; that the said G. A. Perram has never applied for or secured the approval of the Secretary of the Interior of said purported assignment, and therefore has conveyed no interest, if any he had, to affiant by said purported assignment.
“This affiant further states that on or about the 25th day of April, 1922, he requested of said G. A. Perram, that he execute a new assignment covering the property to be conveyed by the written agreement above mentioned, so that this affant might apply for approval of said assignment by the secretary of the Interior, and that the said G. A. Perram refused to execute said new assignment, and that the consideration for said agreement above mentioned has wholly failed and that this affiant has received nothing under and by virtue of said written agreement, and that he is entitled to a return of all moneys heretofore paid to said G. A. Perram, by this affilant, pursuant to said agreement, and that his rights should be litigated.
“This affiant further states that pursuant to said contract above mentioned, he deposited with the said G. A. Perram 600 shares of stock of the Crockett-Maclnnis Printing Company, as security for the payment of $3,000, given in payment for the interest in said lease contracted for and that at the time affant learned that the said G. A. Per-ram had failed to make reports to the department as above mentioned, and at the time the said G. A. Perram refused to execute new assignment as requested, this affiant discontinued the payments as provided for in said contract, and that thereupon the said G. A. Perram, through bis agents and his attorneys, has caused notice to be posted of the foreclosure of the pledge of said stock, the sale' of which is set for the 5th day of June, 1922, at ten, o’clock a. m., and that plaintiff is without adequate remedy at law and will be irreparably damaged unless such sale be restrained.
“By reason of the above, this affiant is entitled to an order of this court, restraining and enjoining the said G. A. Perram, his agents, attorneys, or persons in his behalf, from foreclosing said pledge by advertisement, and that the said G. E. Perram be directed to bring all further proceedings for the foreclosure of such pledgje in some court properly having jurisdiction of the subject-matter, — and for such other relief as in equity plaintiff is entitled to.”

The contract upon which this cause is founded, is set forth, in the plaintiff’s petition, in the following words:

“This agreement, made and entered into this, the. 21st day of April, 1921, by and between G. A. Perram, party of the first part, and D. W. Sandford, Mac-Dun Oil Company, and D. R. Maclnnis, parties of the second part.
“Witnesseth: That whereas, party of the first part is the owner and holder of an undivided seven-sixteenth interest in a good valid oil and gas mining lease on the following described property, to wit: The southeast quarter of the northeast quarter of the southwest quarter of section 36, township 27 north, range 15 east, Nowata county. Okla., and whereas, numerous mechanic’s-liens and suits have been filed in an effort to subject said property to the payment of said liens, and whereas, party of the first part is desirous of selling his interest in said oil and gas lease covering the above described property, and whereas, parties of the second part desire to purchase said interest in and to said oil and gas lease:
“Now, Therefore: For and in consideration of the sum of $3,000 to be paid as hereinafter ' provided, it is agreed as follows: First, Party of the first part agrees to sell (his undivided seven-sixteenths interest in and to said oil and gas lease, and parties of the second part agree to buy same for the consideration above named. Parties of the second part further agree to assume all liability for suits, liens and claims now filed or to be filed against said property, and to hold party of the first part harmless from the payment of same. Second. Parties of the second part further agree that upon the assignment of the said undivided seven-sixteenths interest by party of the first part, they will execute to party of the first part, their promissory note in the sum of $3,000 to bear interest at the rate of eight percent. per annum, said note to be payable as follows: $250 on the 21st day of each and every month, until the entire sum of $3,000 has been paid, the first payment to be made on the 21st day of June, 1921. Third. It is further agreed that in the event that any payment of said note is not made when due, then the whole sum of $3,000 or the amount remaining due thereon -shall at once and without notice, become due and payable at the option of the holder of said note, with interest thereon at the rate of eight per cent, per annum. Fourth. Parties -of the second part further agree that they will, upon the execution of said note to party of the first *17

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Cite This Page — Counsel Stack

Bluebook (online)
229 P. 168, 103 Okla. 15, Counsel Stack Legal Research, https://law.counselstack.com/opinion/macinnis-v-perram-okla-1924.