Faith Ranch & Farms Fund, Inc. v. PNC Bank, Natl. Assn.

Summary

The Ohio Supreme Court affirmed the Seventh District Court of Appeals, holding that the 1953 deed’s reservation clause is unambiguous and does not include oil and gas, so Faith Ranch & Farms Fund retains title to the oil and gas rights. The Court reached that result by interpreting the clause as a whole, applying ordinary meaning, ejusdem generis, and contextual analysis, and rejected the appellate court’s reliance on extrinsic evidence.