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'!il Colo. <br />Mich was <br />r opera- <br />r." The <br />but was <br />hove set <br />nt Sayre <br />''uu can't <br />ne, a re- <br />~ i~•e me a <br />"' Sayre <br />wing that <br />leis ]ease, <br />cement," <br />' ows: <br />National <br />arrell. <br />.:;iy, 1943, <br />nal Bank, <br />and Law- <br />The Colo- <br />ios of the <br />yin lands, <br />]'arty of <br />ravel ma- <br />nd crusher <br />:. and 33, <br />6th P.M. <br />ncd. <br />.f the sec- <br />:] part one <br />Payments <br />I;il~le engi- <br />c executed <br />April, '54 ] FARRELL 'U. SAFRE 371 '': <br />this agreement, the day and year first above written. ~;,~~ <br />Robert H. Sayre :.s; <br />Parties of the First Part The Colorado National Bank, j"~i <br />Denver, Colorado ~~~ <br />Geo. Klein <br />"Witness: Lucy I. Harrington I t <br />Lawrence C. Farrell L. C. Farrel] ~ i;~ <br />Witness: Party of the Second Part" ~"$ <br />Farrell then assigned his rights to the railroad com- ~ ~31 <br /> <br />pany, which took possession of the premises and ex- , <br />~'~ ~ <br />tended the track thereon, which was almost entirely on ;~~ <br />that part of section 32 covered by the Carleno deed. By 1; ~ <br />this operation the railroad company removed 156,586 ~; <br />~ <br />cubic }•ards of grave] in the years from 1943 to 1949, and ,. <br />~ <br />defendant Sayre accepted royalties therefor from the "`'~ <br />company and never objected to Farrell's assignment to ~I <br />the railroad company. These gravel rights, exercised by ` <br />the railroad company, were conveyed to assignees of ~ ~~ <br />plaintiff Farrell. During the operations defendant's sec- {~ <br />retary, upon learning that the railroad company was <br />paying a royalty to plaintiff, attempted to have a mutual ' <br />cancellation of the ]ease, which Farrell refused, but in- ,+ eY <br />creased his royalty to defendant Sayre by one cent per ~'}"I <br />cubic yard. In 1949, when the railroad company ceased 4i <br />its gravel operations on the land, plaintiff Farrell sought ~~e <br />another market for the gravel, particularly the Public i <br />Service Company of Colorado, for use in refacing a dam ~ <br />in that territory; negotiations were entered into; and de- ~~.~ <br />fendant Sayre attempted to revoke the so-called "Pac- ,4t; <br />lotus Agreement,' herein set out, by a simple notice to ;~~± <br />that effect. 1 <br />1 <br />The trial court held that plaintiff Farrell's assignment ~ <br />+ <br />i <br /> <br />for the Public Service Company negotiations without the <br />f S <br />l <br />l ,~ <br />. •,~j <br />ayre ordinari <br />y wou <br />consent o <br />d terminate the provi- <br />sions of the agreement, since the latter never was any- `;t:~ <br />thing ma•e than a mere license. ~ ,,~; <br />The present action originated by Farrell filing acorn- ' `, ' <br />I <br />plaint for declaratory judgment adjudicating the rights ~ •~ , <br />,1 <br />