State of Texas v. Lynn D. Durham and Clarence Scharbauer, Jr., Trustees Under the Will of Fred Turner, Jr. and Juliette Turner

CARROLL, Chief Justice.

The State sued the successors of a Relinquishment Act 1 landowner and his col leagues for the profits obtained from an oil and gas transaction which occurred more than half a century ago. The district court granted summary judgment against the State. We will affirm.

BACKGROUND

This case involves the State’s attempt to impose fiduciary duties on the Relinquishment Act landowners who represent it for the limited purpose of securing oil and gas leases. In 1934, Fred Turner, Jr. negotiated an oil and gas lease on Relinquishment Act land in Pecos County. The lease was…