BOND INV. CORP. v. DYNASTY OIL CO.

Civ. No. 88-4079.

715 F.Supp. 1445 (1989)

BOND INVESTMENT CORPORATION, Plaintiff, v. DYNASTY OIL COMPANY; Dossie Dews and Judy Dews, his wife; Kim Johnson; James Earl McMillin; James C. Bobo, Sr. and Ora P. Bobo, his wife, Defendants.

United States District Court, W.D. Arkansas, Texarkana Division.

June 28, 1989.


Attorney(s) appearing for the Case

William J. Wynne, Cumpler, O'Connor & Wynne, El Dorado, Ark., for plaintiff.

Tim A. Womack, P.A., Camden, Ark., for Dynasty Oil Co., Dossie Dews, Judy Dews, Kim Johnson and James Earl McMillin.

Charles M. Walker, Wilson, Walker & Short, P.A., Hope, Ark., for James C. Bobo, Sr. and Ora P. Bobo.


MEMORANDUM OPINION

MORRIS SHEPPARD ARNOLD, District Judge.

The instant case comes before the court on a stipulated factual record. In 1979 defendants James and Ora Bobo, who own certain lands in Hempstead County, Arkansas, executed an oil and gas lease covering such land. On May 16, 1984, the lessee's interest was assigned to Randy Ratliff. The original lease and the assignment are both recorded (JS ¶¶ 3, 10).1

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