Untitled Texas Attorney General Opinion

Honorable Bascorr Giles Opinion No. O-7149 Ccmnissioner, General Laud Office Land Office Building Re: Whether remittance Austin, Texas of royalty on certain University lease com- puted on a basis of lO# per barrel below ocsted price is autho- rized under the facts subnitted, and related Dear Sir: question. Your letter of tiarch 29, 1946, requestin,g an opinion on the'above condensed and relat-d westion has been given our careful consideration. Far the purposes cf this opinion, we quote your letter in its entirety. 'I have heretofore sent you a photostatic copy of the lease from Mineral F-;le…