Thompson v. Magnolia Petroleum Co.

Supreme Court of the United States · Decided 1940-03-25

Cited by 531 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

Mr. Justice Black delivered the opinion of the Court. A rich oil field was discovered in Illinois in 1938; Thereupon, this dispute arose between a trustee of a railroad in reorganization tender § 77 of the Bankruptcy Act (11 U. S. C. 205) and other claimants as to the legal,right to drill for and capture fugitive oil under the railroad’s right of way traversi…

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