Texas Supreme Court
Magnolia Petroleum Company v. J. H. Walker
May 15, 1935125 Tex. 430
Summary
The Texas Supreme Court denied Magnolia Petroleum Company's petition for mandamus, holding that the Commissioner of the General Land Office properly refused to cancel the forfeiture of the oil, gas, and mineral lease. The Court interpreted the Act of 1925 as not granting the repurchaser a greater than one‑sixteenth interest in the minerals, and therefore affirmed the lower court's decision.