Appellate Court of Illinois April 21, 1908 (Bordner v. Depler)

Mr. Presiding Justice Baume

delivered the opinion of the court.

In the spring of the year 1904, the Lewistown Oil •<& Gas Company, a corporation, was organized for the purpose of prospecting for oil and gas, in the vicinity of Lewistown, Illinois. All of the available money of the corporation was expended in drilling a well upon land belonging to appellant, James B.