Houston Endowment, Inc. v. Atlantic Richfield Co.

OPINION

JACKSON B. SMITH, Jr., Justice (Retired).

Appellants, Houston Endowment Inc. and ten individuals and trustees (collectively, “HEI”), sued Atlantic Richfield Company (“Arco”) for unpaid royalty interests. The trial court granted summary judgment in favor of Arco based on the statute of limitations. In three points of error, HEI claims the trial court erred in granting summary judgment because the discovery rule applies and genuine issues of material fact exist as to whether Arco fraudulently concealed HEI’s causes of action.

HEI or their predecessors in interest entered into oil, gas, and…