The Laws of Texas, 1929-1931 [Volume 27] Page: 70 of 1,943
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58 GENERAL LAWS.
shall subject the holder of the lease to penalties provided in
Sections 12 and 13 of this Act.
SEC. 10. Title to all rights purchased may be held by the
owners so long as the area produces oil and gas in paying quantities.
All rights purchased may be assigned in quantities of
not less than forty acres, unless there be less than forty acres
remaining in any survey, in which case such lesser area may
be so assigned. All assignments shall be filed in the General
Land Office within one hundred days after the date of the first
acknowledgment thereof, accompanied by ten cents per acre
for each acre assigned, and if not so filed and payment made,
the assignment shall be ineffective. All rights to any whole
survey and to any assigned portion thereof may be relinquished
to the State at any time by having an instrument of relinquishment
recorded in the county or counties in which the area may
be situated, and filed in the Land Office accompanied with one
dollar for each area assigned, but such assignment shall not
relieve the owner of any past due obligations theretofore accrued
thereon. The Board shall authorize the laying of pipe
line, telephone line, and the opening of such roads over the
Eleemosynary and State Park Lands as may be deemed reasonably
necessary for and incident to the purposes of this Act.
SEC. 11. Royalty as stipulated in the sale shall be paid to
the General Land Office at Austin, Texas, for the benefit of the
Special Building Fund of the Eleemosynary Institutions on or
before the 20th day of each succeeding month for the preceding
month during the life of the rights purchased, and it shall
be accompanied by the sworn statement of the owner, manager
or other authorized agent showing the gross amount of
oil produced and saved since the last report and the amount of
gas produced and sold off the premises and the market value
of the oil and gas, together with a copy of all daily gauges of
tanks, gas meter readings, pipe line receipts, gas line receipts,
and other checks and memoranda of the amounts produced and
put into pipe lines, tanks or pools and gas lines or gas storage.
The books and accounts, receipts and discharges of all wells,
tanks, pools, meters, pipe lines, and all contracts and other
records pertaining to the production, transportation, sale and
marketing of the oil and/or gas shall at all times be subject to
inspection and examination by the Commissioner of the General
Land Office, the Attorney General, or any member of the State
Board of Control.
SEC. 12. In every case where the area in which oil and/or
gas sold shall be contiguous or adjacent to land not eleemosynary
and State Park Land, the acceptance of the bid and the
sale made thereof to adequately protect the land leased from
drainage from adjacent lands. In cases where the area inwhich
the oil and/or gas is sold, as a lesser royalty, the owner shall
likewise protect the State from drainage from the land so
leased or sold for lesser royalty. Upon failure to protect the
land from drainage as herein provided the sale and all rights
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1929-1931 [Volume 27], book, 1931; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth16362/m1/70/: accessed May 25, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .