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THE CALIFORNIA CO. v. STATE OF MISS.

No. 39254.

221 Miss. 766 (1954)

74 So.2d 856

THE CALIFORNIA COMPANY v. STATE OF MISSISSIPPI, W.D. NEAL, AUDITOR AND A.H. STONE, STATE TAX COMMISSIONER.

Supreme Court of Mississippi.

October 11, 1954.

Attorney(s) appearing for the Case

Wells, Thomas & Wells, Jackson, for appellant.

John E. Stone, Asst. Atty. Gen., Jackson, for appellees.

ARRINGTON, J.

On March 1, 1949, the United States of America, acting through the Bureau of Land Management, leased certain lands in the Homochitto National Forest in Franklin County, Mississippi, to one Nan Gridley; said lease providing that the United States was to have one-eighth of all oil produced from said lands, or one-eighth of the value of said oil. Subsequently, an operating...

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