New York & E. Tenn. Iron Co. v. Stephens
New York & E. Tenn. Iron Co. v. Stephens
Opinion of the Court
delivered the opinion of the court.
The complainant, in the original bill, seeks to restrain defendant S. L. Stephens from interfering with his rights under an article of agreement of the 12th of August, 1867. This agreement was made with one Talmage by said Stephens and assigned to complainant. By this agreement, or lease, Stephens stipulates to grant the privilege of taking iron ore from his premises in such quantity as may be desired, provided it is taken from the lot then opened, which is described by metes and bounds as being 50 feet wide and 300 feet long, and known in the record as the “Atkins lot.” The lease then proceeds as .follows: “And in the event the ore in said lot becomes exhausted, then the second party has the privilege of opening and working another lot adjacent,” etc. For the privileges granted the second party was to pay pne-half pound of bar iron for every hundred pounds of pig-metal made; the lease to subsist for the period of thirty years.
Complainant answered this cross-bill, and denied its material allegations.
Depositions were taken, and on the hearing the chancellor dismissed complainant’s bill, upon the ground that he had not exhausted the ore on the Atkins lot, and because the terms of the agreement are too uncertain and indefinite to carry any title or right to mine on any other part of said Stephens’ land. The chancellor further adjudged that complainant had taken large quantities of ore from said Stephens’ land other than the Atkins lot, and ordered an account of the damage done Stephens for failure of the Iron Company to exhaust the ore on the Atkins lot before mining elsewhere, and to ascertain the amount and value of the ore taken from said Stephens’ land elsewhere than off the Atkins lot.
From this decree the complainant appealed.
As, from complainant’s own showing, the ore on the Atkins lot is not now exhausted, and as it may last even for the unexpired term of the lease, we are of opinion that it is now entitled to no relief, and that the bill be dismissed, and the cause be remanded for account and further proceedings under the cross-bill, and that the decree be modified as indicated in this opinion, and that each party pay one-half the costs accrued in this court.
Reference
- Full Case Name
- New York and E. Tenn. Iron Company v. Samuel L. Stephens and S. L. Stephens v. N. Y. and E. Tenn. Iron Co.
- Status
- Published