Legal Opinion

Mound Company v. The Texas Company

Court of Appeals for the Fifth Circuit

Decided March 27, 1962No. 18910_1PublishedCited by 15 opinions

1Opinion of the Court

TUTTLE, Chief Judge.

This is an action seeking to cause the termination of an oil and gas lease on 3,000 acres of Texas land. The lease was executed in 1915 and covered oil, gas and sulphur. The lease was amended in 1921 so as to provide for payment to Mound of “advance sulphur royalties” which escalated to $15,000 per month from and after July 1, 1924. The lessee, Texaco, Inc., in 1922 entered into a contract with Freeport Sulphur Company under which the latter would produce sulphur on a profit-sharing agreement. Under this agreement Freeport engaged in an active program of development and…

2Cases cited11 opinions

  1. Decker v. KirlicksTexas Supreme Court · 1919
  2. Ryan v. KentTexas Commission of Appeals · 1931
  3. Gulf Pipe Line Co. v. NearenTexas Commission of Appeals · 1940
  4. Gulf Pipe Line Co. v. NearenTexas Supreme Court · 1940
  5. Union Sulphur Co. v. Texas Gulf Sulphur Co.Court of Appeals of Texas · 1931

6 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. Christopher P. Bohus v. Board of Election CommissionersCourt of Appeals for the Seventh Circuit · 1971
  2. Kincaid v. Gulf Oil Corp., Texas Court of Appeals, 4th District (San Antonio)1984
  3. Gridiron Steel Company, Claintiff-Appellant v. Jones & Laughlin Steel Corporation, Gridiron Steel Company v. Jones & Laughlin Steel CorporationCourt of Appeals for the Sixth Circuit · 1966
  4. Remington Arms Company, Inc. (Peters Cartridge Division) v. William W. Wilkins, Iii, a Minor, Etc.Court of Appeals for the Fifth Circuit · 1968
  5. John S. Elliott and Fredda Caldwell Elliott v. Massachusetts Mutual Life Insurance CompanyCourt of Appeals for the Fifth Circuit · 1968

10 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API