Bracken v. Van Zandt County

LOONEY, Justice.

On January 1,1931, J. A. Bracken and wife owned the fee-simple title to 113 acres of land in Van Zandt county, and a one-eighth royalty interest in the oil and gas produced therefrom, under certain lease contracts theretofore executed by them; also owned as assignees royalty interests in the oil and gas produced from certain other lands in the county, under leases theretofore executed by the owners of said lands. The 113 acres were regularly assessed for the year 1931, and the taxes due the state, county, and the Van Independent School District No. 53 were paid. The royalty…