Opinion ID: 1707639
Heading Depth: 1
Heading Rank: 2

Heading: The Lloyd Conveyance.

Text: On April 25, 1973, the Nalls conveyed by warranty deed lot 9 of the Stately Pines Subdivision to Michael Terry Lloyd and his wife, Brenda K. Lloyd. The deed, which was prepared by the Nalls, contained the following language: Oil and mineral rights reserved by former owners. On November 19, 1975, the Lloyds executed an oil, gas, and mineral lease to Edward P. Turner, Jr. That lease was recorded in the office of the judge of probate on December 3, 1975. On July 29, 1985, the Lloyds and Edward Turner filed suit against the Nalls and Exxon to quiet title to an undivided ½ mineral interest in lot 9. The Nalls and Exxon filed an answer and a counterclaim to quiet title to lot 9. The Lloyds claim the undivided ½ royalty interest, and Turner claims the undivided ½ working interest in lot 9. However, the Nalls also claim the undivided ½ royalty interest, and Exxon also claims the undivided ½ working interest in lot 9.