Mobil Oil Corp. v. Calvert

I respectfully dissent from the Court’s disposition of appellant’s first point. It is my opinion that only one taxable sale of gas occurred and that the amount received from that sale is the sole taxable figure and *592that the tax on this sale price should be prorated between all interested persons.

It was stipulated that under the leases held by appellant that royalty under them is paid in cash and that royalty owners are not entitled to take a portion of the gas in kind.

It was also stipulated that the agreement on the part of appellant to pay all the processing cost of the gas was “conceded as…