Tucker v. Coleman

DUNKLIN, Chief Justice.

In the year 1922, H. H. Tucker, Jr., by an instrument in writing, created a common law trust, to be known and designated as “Texas American Syndicate, H. H. Tucker, Jr., sole Trustee”, for the purpose of acquiring oil leases and mineral interests in lands in Texas, title to all of which was to be conveyed to “Texas American Syndicate, H. H. Tucker, Jr., sole Trustee”, with full general power in said grantee to buy, manage, control, mortgage and dispose of same on such terms and for such prices as it might deem proper. The instrument provided for the issuance and sale of…