WYATT, Presiding Justice.
Hayslip sues as assignee of Black. The instrument sued upon provides that Hayslip covenants to buy a one-half interest in the patent in question for $15,000, which is to be paid in one year from the date of the instrument. In the meantime, Hayslip is to pay Black a royalty of 2 1/2 % on all tags sold, and title is to remain vested in Black "and this agreement shall in said interim be construed as a license from party of the first part to...
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