Guaranty National Bank & Trust of Corpus Christi v. C. C. May

OPINION

YOUNG, Justice.

This is a suit brought by Mr. & Mrs. C. C. May, against Guaranty National Bank and Trust, Trustee, for a declaratory judgment that the term mineral interest reserved by deed in two tracts of land be declared terminated. Trial was to the court without a jury. The case was presented solely by means of stipulated facts. At the conclusion of the trial, the judge ruled that the term mineral interest had terminated. Guaranty Bank has appealed from this ruling.

The land which comprises the subject matter of this lawsuit has been involved in two prior decisions by Texas Courts of…