Any oil and gas or mining lease that has been or may hereafter be recorded in the office of the register of deeds of any county may be discharged and canceled by an endorsement made on the original lease signed by the lessee or his duly authorized attorney in fact, assignee of record or personal representative or, if a corporation, by its duly authorized officers, surrendering his or its right, title and interest in and to such lease, which endorsement may be entered on the margin of the record thereof, and shall have the same force and effect as the entry on the margin of the record as provided in section 57-206.

Source

  • Laws 1925, c. 133, § 4, p. 351;
  • C.S.1929, § 57-204;
  • R.S.1943, § 57-207.

Terms Used In Nebraska Statutes 57-207

  • Attorney: shall mean attorney at law. See Nebraska Statutes 49-801
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC