[Download] "Louise F. Short v. Texaco" by Supreme Court Of Indiana * eBook PDF Kindle ePub Free

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eBook details

• Title: Louise F. Short v. Texaco
• Author : Supreme Court Of Indiana
• Release Date : January 23, 1980
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 60 KB

Description

The trial court declared Ind. Code §§ 32-5-11-1 through 32-5-11-8, the Mineral Lapse Act, unconstitutional. The Act puts an end to interests in coal, oil, gas or other minerals which have not been used for twenty years. The "use" of a mineral interest which continues it in force includes actual production, payment of rents, royalties or taxes, or the filing of a claim in the dormant mineral interest record in the recorders office. It granted owners of mineral interests a two year period of grace after its effective date in which to file the claim and preserve the interest. This is an appeal from two judgments below, consolidated here, that termination of an interest under the Act is contrary to due process, equal protection, and the guarantee of just compensation for property taken by the State.

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