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Ward v. Helis
103 F.2d 519
5th Cir.
1939
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PER CURIAM.

The court below will enter judgment for the appellants for their respective interests in the balance due under the contract, the same being $100,000, with legal interest. This interest shall be computed on $50,000 of the $100,000 from May 13, 1935, the day it became due. Interest on the remaining $50,000, which .became due and payable from the proceeds derived from oil produced on the lease, shall be computed from the time a sufficient amount of oil was produced to pay this sum. The opinion is corrected in this regard. Since neither of the judges who concurred in the opinion desire a rehearing, the motion therefor is denied.

SIBLEY, Circuit Judge, dissents.

Case Details

Case Name: Ward v. Helis
Court Name: Court of Appeals for the Fifth Circuit
Date Published: Apr 26, 1939
Citation: 103 F.2d 519
Docket Number: No. 8725
Court Abbreviation: 5th Cir.
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