Conservation of Mineral Rights Underlying Farm Lands, Hearing Before a Subcommittee. of ..., 72-2 on S.J. Res. 247 ..., February 24, 19331933 - Всего страниц: 30 |
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Стр. 7
... Kansas and assistant State geologist , State Geological Survey of Kansas : I strongly approve of the principle of pooling acreage for oil and gas production , provided the following points are taken care of : ( a ) That the farmer is ...
... Kansas and assistant State geologist , State Geological Survey of Kansas : I strongly approve of the principle of pooling acreage for oil and gas production , provided the following points are taken care of : ( a ) That the farmer is ...
Стр. 13
... Kansas Farmers Union has organized one also . We have experience with the mortgage companies , and we get along all right with them . In fact , as they learn the meaning of farmers . cooperating in their royalties , they like it , and ...
... Kansas Farmers Union has organized one also . We have experience with the mortgage companies , and we get along all right with them . In fact , as they learn the meaning of farmers . cooperating in their royalties , they like it , and ...
Стр. 15
... Kansas , one in Texas , one in New Mexico . Senator STEIWER . I assume , therefore , that in those States , at least , there is adequate law for the making of the pool . Mr. SIMPSON . Yes , sir . Senator STEIWER . And that the ...
... Kansas , one in Texas , one in New Mexico . Senator STEIWER . I assume , therefore , that in those States , at least , there is adequate law for the making of the pool . Mr. SIMPSON . Yes , sir . Senator STEIWER . And that the ...
Стр. 16
... Kansas , Oklahoma , Texas , and New Mexico . Those are the five States which constitute the heart of the mid - continent oil and gas field . I have taken from the Statistical Abstract of the United States the figures showing the total ...
... Kansas , Oklahoma , Texas , and New Mexico . Those are the five States which constitute the heart of the mid - continent oil and gas field . I have taken from the Statistical Abstract of the United States the figures showing the total ...
Стр. 19
... Kansas at the present time . They are up against a proposition of trying to interest the royalty owners , as well as the lease owners , in communitizing the lease . They have not succeeded up to the present time . Here is what they are ...
... Kansas at the present time . They are up against a proposition of trying to interest the royalty owners , as well as the lease owners , in communitizing the lease . They have not succeeded up to the present time . Here is what they are ...
Часто встречающиеся слова и выражения
20 tracts acre for acre adequately secured American Petroleum Institute average bank BLAKE cent cooperative mineral rights cooperative pooling cooperative royalty pool crops farm asset farmers to pool Farmers Union February 24 frozen asset geological going half interest HARTMAN increases the value individual farmer individual tract Joint Resolution 247 Kansas landowner large spread lease liquefy their mineral loan locating oil mineral rights pools mineral rights underlying mortgage number of tracts oil and gas oil or gas Oklahoma Oklahoma City operating Osage Indians Osage Nation ownership particular tract petroleum pool their mineral pooled mineral rights pooling of mineral possible producing tracts Reconstruction Finance Corporation rights underlying farm royalty owners royalty rights secure finances sell Seminole Seminole County Senate Document Senate Joint Resolution Senator GORE Senator STEIWER share SIMPSON spread of acreage statement tracts are pooled tracts of land tracts will prove underlying farm lands United
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Стр. 2 - G. Tugwell to the Committees on Banking and Currency (Apr. 17, 1933) regarding resolutions of Senator Thomas and Congressman Disney, seeking to " provide protection and relief to farmers by aiding them to conserve and liquefy their mineral rights through recognized and established cooperative agencies. * * * " 5. In hearings on, these resolutions before the House and Senate Committees on Banking and Currency in the last session of Congress and before the Senate subcommittee on Banking and Currency...
Стр. 3 - Be it enacted by the Senate and House of Representatives of the United States o America in Congress assembled, That section 6 of the Organic Act of Guam (64 Stat.
Стр. 6 - ... practically lost it gets into the hands of buyers and scouts for large royalty companies at a nominal price before drilling operations are begun and before such royalty rights begin to bring high prices on the market. Collective bargaining power obtained through cooperatively organized mineral rights pools should bring the farmer better lease terms and drilling contracts, as a result of which he would obtain higher bonuses, rentals, and royalties. The investigation revealed also that cooperative...
Стр. 2 - ... pooling of farmers' mineral rights under proper safeguards provides an effective method of securing for them a fair share in this potential wealth. It is an established fact among oil operators that during recent years a far greater share of money in royalties, particularly in the newer fields, has been made by others than the landowners, and that as a class farmer landowners have benefited far too little from their mineral rights.
Стр. 5 - ... for them a fair share in this potential wealth. It is an established fact among oil operators that during recent years a far greater share of money in royalties, particularly in the newer fields, has been made by others than the landowners, and that as a class farmer landowners have benefited far too little from their mineral rights. An oil play may last only a few weeks or it may take several years to develop. A farmer who is experiencing difficulty in maintaining his equity in his property...
Стр. 7 - Ferrine, former professor of geology at the University of Oklahoma and now chairman of the oil and gas division of the Oklahoma City Chamber of Commerce and a director of the Kansas and Oklahoma royalty division of the Mid-Continent Oil and Gas Association: Speaking from 20 years...
Стр. 22 - ... next, their certificates, which shall be cancelled, and the lands shall be taken to have reverted and become forfeited to the United States, and shall be advertised, and sold for cash at public auction, to the highest bidder, in the same manner as other public lands. They shall not be sold...
Стр. 3 - The Reconstruction Finance Corporation is authorized and empowered to make adequately secured loans, based on mineral acreage, and self-liquidating in character, to recognized and established managing agencies of farmers' cooperative mineral rights pools not engaged in drilling or mining operations, said loans to be made for the purpose of defraying the cost of organizing such pools.
Стр. 4 - ... Whereas, the climatic conditions in Virginia are such that the waterfowl protected by said regulations are not found in Virginia in great numbers during the said open season aforesaid, but are found after January 1 ; now, therefore, be it Resolved by the House of Delegates (the Senate concurring), That the Secretary of Agriculture be, and he is hereby requested, to take such steps as may be necessary to change the regulations to conform more closely to conditions as they exist in Virginia by...