Court of Appeals for the Seventh Circuit September 11, 1986, 85-2251, 85-3207 (Piamco, Inc., an Illinois Corporation v. Shell Oil Company, a Delaware Corporation)

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SWYGERT, Senior Circuit Judge.

Plaintiff-appellee Piamco, Inc. is in the business of assembling mineable coal properties by acquiring coal leases from land owners. By October 1974 Piamco had acquired coal mining rights to 5,228 coal-rich acres near the town of Elkhart, Illinois.