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Dallas the TV series
Dallas TNT
I’m Probably Late, But Was It Explained How Miss Ellie Left Part Ownership Of Southfork To John Ross
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<blockquote data-quote="stevew" data-source="post: 173082" data-attributes="member: 130"><p>I’m also curious about the voting thing regarding the mineral rights. I’m not a lawyer but I’m familiar with separating mineral rights. I never had a situation where anyone would say no but I don’t think if even the majority voted not to drill they still couldn’t keep my share from me - that just seems absurd. But I could see it written in a trust that way. </p><p></p><p>Reality: Miss Ellie would have set up a foundation between her and Clayton. She’d have given the land to the foundation to protect it and set up a $1 a year lease to The Southfork Cattle Company. Then she’d have given the mineral rights to the foundation separately with an iron clad restriction from drilling on the hand for it. Or she might have given the mineral rights to her 3 sons and set up a way to drill on it which protected the land. She’d have then given her Cattle Company to Bobby, maybe Gary or maybe both. JR had zero interest in it. Then she’d have given the house to JR just as was her family’s tradition. I’m sure land would have been set aside for other family members to build. Forgetting the mineral rights was lame.</p></blockquote><p></p>
[QUOTE="stevew, post: 173082, member: 130"] I’m also curious about the voting thing regarding the mineral rights. I’m not a lawyer but I’m familiar with separating mineral rights. I never had a situation where anyone would say no but I don’t think if even the majority voted not to drill they still couldn’t keep my share from me - that just seems absurd. But I could see it written in a trust that way. Reality: Miss Ellie would have set up a foundation between her and Clayton. She’d have given the land to the foundation to protect it and set up a $1 a year lease to The Southfork Cattle Company. Then she’d have given the mineral rights to the foundation separately with an iron clad restriction from drilling on the hand for it. Or she might have given the mineral rights to her 3 sons and set up a way to drill on it which protected the land. She’d have then given her Cattle Company to Bobby, maybe Gary or maybe both. JR had zero interest in it. Then she’d have given the house to JR just as was her family’s tradition. I’m sure land would have been set aside for other family members to build. Forgetting the mineral rights was lame. [/QUOTE]
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Dallas the TV series
Dallas TNT
I’m Probably Late, But Was It Explained How Miss Ellie Left Part Ownership Of Southfork To John Ross
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