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. 6
... basic reason for promoting the development of cooperative mineral pools is not sound . To assume that a cooperative ... basis as that on which acreage would be accepted by cooperative pools . Adequate security for a farm mortgage must ...
... basic reason for promoting the development of cooperative mineral pools is not sound . To assume that a cooperative ... basis as that on which acreage would be accepted by cooperative pools . Adequate security for a farm mortgage must ...
Стр. 8
... basis of our assumption , namely , that 1 out of every 20 tracts will prove to be productive , are as follows : There are three possibilities of locating oil or not locating oil on these two tracts . The first possibility is that ...
... basis of our assumption , namely , that 1 out of every 20 tracts will prove to be productive , are as follows : There are three possibilities of locating oil or not locating oil on these two tracts . The first possibility is that ...
Стр. 9
... basis of our assumption , one- twentieth multiplied by 20 , if 20 tracts are pooled , or 1 producing tract . Senator STEIWER . Why is not that the whole equation , Doctor ? Mr. HARTMAN . That is , in substance , the whole equation ...
... basis of our assumption , one- twentieth multiplied by 20 , if 20 tracts are pooled , or 1 producing tract . Senator STEIWER . Why is not that the whole equation , Doctor ? Mr. HARTMAN . That is , in substance , the whole equation ...
Стр. 10
... basis of this map and my knowledge of what land is being used for agricultural purposes in various parts of the country , we are assuming that most of the potential territory is being used for agricultural purposes at the present time ...
... basis of this map and my knowledge of what land is being used for agricultural purposes in various parts of the country , we are assuming that most of the potential territory is being used for agricultural purposes at the present time ...
Стр. 13
... basis of $ 15 an acre , while they had purchased the individual farmers ' leases around there at $ 3 an acre . That would be one specific instance where it paid to pool . Another thing about the pooling , is that the farmer who can not ...
... basis of $ 15 an acre , while they had purchased the individual farmers ' leases around there at $ 3 an acre . That would be one specific instance where it paid to pool . Another thing about the pooling , is that the farmer who can not ...
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...