Martin v. Glass

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting the terms development, production, and operation expenses in an ORRI refer to production costs
• stating that the phrase “net proceeds” contemplates deductions
• interpreting overriding royalty that was “free and clear of all cost of drilling, exploration or operation, SAVE AND EXCEPT said interest shall be subject to its proportionate part of all gross production, ad valorem and severance taxes”
• interpreting overriding royalty that was “free and clear of all cost of drilling, exploration or operation, SAVE AND EXCEPT said interest shall be subject to its proportionate part of all gross production, ad valorem and severance taxes”
• \`net proceeds' clearly suggests that certain costs are deductible... defined as the sum remaining from gross proceeds of sale after payment of expenses;\
• cited with approval in Heritage Res., Inc. v. NationsBank, 939 S.W.2d 118 (Tex. Sup. Ct. 1996)

Source: CourtListener parenthetical corpus (CC0).