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MAGNOLIA PETROLEUM CO. v. MARKS

No. 41248.

74 So.2d 36 (1954)

225 La. 805

MAGNOLIA PETROLEUM CO. v. MARKS et al.

Supreme Court of Louisiana.

Rehearing Denied July 2, 1954.

Attorney(s) appearing for the Case

Clarke & Preis, St. Joseph, Theus, Grisham, Davis & Leigh, Monroe, for appellants.

Vanue B. Lacour, John E. Perkins, Edward W. Jackson, Baton Rouge, Louis Berry, New Orleans, for Jordan heirs.

Philip Watson, St. Joseph, L. E. Hayden, III, Shreveport, Sholars, Gunby & Guthrie, Monroe, for defendants-appellees.

MOISE, Justice.

Magnolia Petroleum Company deposited $25,352.69 in the Registry of the First District Court for the Parish of Caddo, and instituted a concursus proceeding for the purpose of distributing royalties on oil produced from a well on the Northeast Quarter (NE¼) of the Northwest Quarter (NW ¼), Section 29, Township 11 North, Range 10 East, called the Shelley-Marks unit in the Holly Ridge Oil Field of Tensas Parish. The unit contains 40.504 acres...

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