The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1952-12-25

see fele OF ttndfeW filseh, odLIy-
wen. 5l-21
for a term of eight years from
the date of said lease above
mentioned, and containing the
provision that in the event of
the production of oil or gas in
paying quantities upon the
above described premises, SO
long thereafter as oil or gas is
produced in paying quantities.
Which said lease above men
toned was by the said Marcus
Snyder, the lessee therein as
signed to T. S. Reed, of Beau
mont, County of Jefferson,
State of Texas, bearing date
the 10Th day of July, 1915, and
filed for record in the office
of the County Recorder for Big
Horn County, Montana, August
4th, 1915 and recorded in Book
9 of the Miscellaneous Records
for Big Horn County, Montana,
NOW, THEREFORE, You the
said Marcus Snyder, as Lessee
under the above mentioned and
described lease, and you the
said T. S. Reed the Assignee,
of the above mentioned lease,
you and each of you are hereby
notified, that the undersigned
Charles A. Corkins, the Surviv-
ing Trustee mentioned in said
lease, does hereby cancel and
terminate the above mentioned
and described lease, on the
ground and for the reason that
you have made default under
the terms and conditions set
forth therein by reason of your
failure to comply with the
the terms of said lease, and
with the covenants on your
part to be performed as set
forth therein and as implied
under the terms of said lease,
in that you have failed:
/. That you have failed and
neglected to drill the test well
or test wells on the above de-
scribed premises to the depth
of 1900 feet, or until gas Or oil
was produced in paying guam
titles, under the covenants on
your part to be performed.
2. That you have failed to
produce oil or gas in paying
quantities as provided by the
terms and conditions, of said
lease, Or if oil or gas has been
discovered in paying quantities
that you have failed to pay the
said lessons, their heirs or rep
reSentatiYeS their rental in the
manner provided in said lease.
8. That if you have discovered
oil Or gas in paying quantities
that you and each of you have
failed and neglected, to devel-
ope and market said oil or gas
so discovered, and by reason
thereof you have failed and
neglected to pay to the said
lessons, their heirs or represen-
,tatiVes, their one eighth inter-
est as the rental for said
premises as provided for in said
lease.
4. That by the terms and
conditions of said lease herein
above mentioned upon the
lands herein described, and in
said lease described, the said
lease under the terms set forth
therein terminated and expired
on the 7th day of June, 1852,
and for the further reason that
you having failed to produce or
discover oil or gas in paying
quantities thereon, you and
each of you have forfeited any
and all rights hereunder.
NOW, THEREFORE, you the
said Marcus Snyder, a lessee
and T. S. Reed as assignee OF
said lease are hereby notified,
That I, Charles A. CorkinS, the
surviving Trustee, and surviv-
ing Trustee in said lease here
in mentioned, that I have ter
minated said lease for the reas-
ons above stated, and hereby
make demand upon you and
each of you, that within sixty
days from the date Of the ser
vice of this notice upon you
and each of you make, execute
and deliver to the undersigned
Charles "A. Corkins Trustee, a
quit claim deed, conveying any
and all your right, title, inter-
est, claim and demand in and
to the above described lands
and premises herein described,
as surviving Trustee Of said
lands and premises as pr0vid-
ed in said lease herein men
toned and described.
Dated this 18th day Of De
cember, 1852.
CHARLES A. CORKNS
Surviving Trustee.
(Pub. Dec. 18. 24.)
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