According to the appeals court’s published opinion, the defendant trustees of the Margaret O.F. Proctor Trust traced their ownership of the oil and gas rights to an 1894 deed reserving to Thomas E. Proctor and his heirs the rights to “’all the natural gas, coal, coal oil, petroleum, marble, and all minerals of every kind and character in, upon, or under the said land.’” Plaintiffs Cornwall Mountain Investments and lessee Range Resources-Appalachia, meanwhile, argued that they obtained the oil and gas rights in the 1932 tax sale.
The trustees of the Margaret O.F. Proctor Trust—and, in a separate but nearly identical challenge, the trustees of the Thomas E. Proctor Heirs Trust—argued that the state Supreme Court’s 2013 ruling in Butler v. Charles Powers Estate, which upheld the Dunham Rule, applied not just to private deeds but to treasurers deeds as well, meaning their oil and gas rights were not transferred to Cornwall Mountain in the 1932 tax sale. The Superior Court, however, disagreed.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
