Smith County Oil Co. v. Jefcoat

33 So. 2d 629, 203 Miss. 404, 1948 Miss. LEXIS 286
CourtMississippi Supreme Court
DecidedJanuary 26, 1948
DocketNo. 36616.
StatusPublished
Cited by8 cases

This text of 33 So. 2d 629 (Smith County Oil Co. v. Jefcoat) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Smith County Oil Co. v. Jefcoat, 33 So. 2d 629, 203 Miss. 404, 1948 Miss. LEXIS 286 (Mich. 1948).

Opinion

McGehee, J.,

delivered the opinion of the court.

The appellees E. P. Jefcoat and wife ask in this suit to be adjudicated the owners in fee simple of the land described as the SE)4 of SW:14, Section 20, Township 9 N, Range 13 W, in Jones County, and that the conveyances which appear of record in favor of the several defendants, Smith County Oil Company and successive ven-dees of all the oil, gas and other minerals, be cancelled as clouds upon the alleged fee simple title of the complainants. They were granted this relief by the final decree of the Chancery Court, together with the sum of $1,200 as damages prayed for against the appellant Smith County Oil Company because of its action in refusing to either cancel its claim of title of record or quitclaim the minerals to complainants upon being requested so to do.

*410 A different question of law is presented by the facts of tbe case as to the N% of the said SE14 of the SW14 than that presented by those relating to the S% thereof, as will be hereinafter shown.

On December 23, 1927, H. (Hughie) D. Jefcoat, the father of the complainant E. P. Jefcoat, owned a 20 acre tract of land adjoining the 40 acres here involved, and he thereupon exchanged the same for a conveyance in his favor of the said SE14 of the SW^ from Eastman-Gardner and Company, a corporation, each of the grantors res-serving “the oil, coal and all other minerals” under the respective tracts of land being conveyed by each of them. These conveyances were thereupon duly placed of record.

On February 1, 1930, the said Hughie D. Jefcoat and wife conveyed for a valuable consideration to the complainant E. P. Jefcoat the NV2 of the SE14 of the SW%, together with other small tracts of land, without any reservation or exception as to the oil, gas and other minerals, but the proof shows that the grantee E. P. Jefcoat then had actual knowledge of the reservation of the said minerals by Eastman-Gardner and Company, and he of course had constructive notice thereof from the record. He did not therefore, either intend to pay for or to receive title to said minerals when he purchased this 20 acres of land from his father in 1930. Nor did his father intend to convey such minerals to him, since they both had actual knowledge, and the record disclosed, that he did not then own them.

As to the minerals under this north 20 acres of the land in question, the complainant E. P. Jefcoat relies upon the doctrine of an after acquired title thereto, based upon the fact that on January 20, 1934, his father and grantor received a quitclaim deed from Eastman-Gardner and Company to this and other lands, for which he paid $1 and which did not reserve or except the minerals by any express reference thereto, although the same had been previously sold by said corporation to the appellant Smith County Oil Company by an unrecorded deed, on *411 December 20, 1932. Hence, the complainants claim that whatever additional interest or title Hnghie D. Jefcoat may have acquired by virtue of the said quitclaim deed on January 20, 1934, enured to the benefit of the complainant E. P. Jefcoat.

It appears that the conveyance from Eastman-Gardner and Company to the Smith County Oil Company, although a quitclaim deed, was for a valuable consideration, and conveyed all of the oil, gas and other minerals under the SE14 of the SW14 and many other tracts of land, but was not filed for record until June 21, 1940. According to the proof neither the said complainant E. P. Jefcoat nor his father had any notice of this conveyance until shortly prior to the filing of this suit, but when the said E. P. Jef-coat purchased this 20 acres of land from his father in 1930 the record disclosed that the minerals had been reserved and were still owned by Eastman-Gardner and Company, and he is not therefore in position to invoke as a subsequent purchaser the aid of Sections 867, 868 and 869, Code 1942, known as our registry statutes, which were then in force.

The pertinent parts of the applicable statute here, Section 869, provide: ‘ ‘ Every conveyance . . . shall take effect, as to all subsequent purchasers, for a valuable consideration without notice,. . . , only from the time when delivered to the clerk to be recorded; and no conveyance, . . . , shall take precedence over any similar instrument affecting the same property which may be of record, to the end that with reference to all instruments which may be filed for record under this section, the priority thereof shall be governed by the priority in time of the filing of the several instruments, in the absence of actual notice. ’ ’

Reliance upon the record would have disclosed to the complainant E. P. Jefcoat when he purchased this 20 acres of land in 1930 that the title to the minerals was reserved by and still vested as a severed estate in Eastman-Gardner and Company, aside from his admission that he had actual notice of such fact.

*412 It therefore, follows that the trial court was in error in adjudicating that the complainants were the owners of the fee simple title to both the soil and the minerals as to the N% of the said SE14 of the SW1^ here involved, and was, therefore, in error in cancelling the several mineral conveyances of the defendants as to this 20 acres of land, as clouds upon the alleged title of the complainants thereto.

As to the S% of the said SE14 of the SW14, the same was conveyed by the said Hughie D. Jefcoat and wife to their son H. P. Jefcoat on January 26,1935, and therefore subsequent to the execution and recordation of the quitclaim deed from Eastman-G-ardner and Company to the said father of this grantee on January 20, 1934, and prior to the recordation of the deed from Eastman-Gardner and Company to the said Smith County Oil Company on June 21, 1940. .The purchase of this south 20 acres by H. P. Jefcoat from his father was by warranty deed, and for a valuable consideration, and he thereafter conveyed the same to the complainant E. P. Jefcoat, but apparently for a mere nominal consideration, according to the recitals of the deed. The lattér fact, however, is immaterial if the said H. P. Jefcoat had acquired a good title to both the soil and the minerals under and by virtue of the registry statute hereinbefore quoted from.

It is conceded that Hughie D. Jefcoat, the father and grantor of H. P. Jefcoat, paid only the sum of $1 in 1934 for the quitclaim deed to the SE14 of the SWhi and other lands. This was a good and valid consideration, but not a valuable consideration within the meaning of this registry statute. Although a good consideration, it was merely a nominal one and such as would not entitle the grantee therein to the benefit of this registry statute, as “a subsequent purchaser for a valuable consideration” as against the unrecorded prior conveyance in favor of the appellant Smith County Oil Company, which appears to have been executed for a valuable consideration. Martin v. Russell, et al., 193 Miss. 825, 11 So. (2d) 434; Campbell *413 v. Laclede Gas Light Co., 84 Mo. 352; Strong v. Whybark, 204 Mo. 341, 102 S. W. 968, 12 L. R. A. (N. S.) 240, 120 Am. St. Rep. 710; Ellison v. Torpin, 44 W. Va. 414, 30 S. E. 183; Morris v. Wicks, 81 Kan. 790, 106 P. 1048, 26 L. R. A. (N. S.) 681, 19 Ann. Cas. 319; Wisconsin River Land Co. v. Selover, 135 Wis. 594, 116 N. W. 265, 16 L. R. A. (N.

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Bluebook (online)
33 So. 2d 629, 203 Miss. 404, 1948 Miss. LEXIS 286, Counsel Stack Legal Research, https://law.counselstack.com/opinion/smith-county-oil-co-v-jefcoat-miss-1948.