MARTIN v. UNITED STATES TRUST CO. OF N.Y.

No. 05-83-00623-CV.

690 S.W.2d 300 (1985)

Mark MARTIN, Guardian Ad Litem, et al., Appellants, v. UNITED STATES TRUST COMPANY OF NEW YORK, Trustee, Appellee.

Court of Appeals of Texas, Dallas.

Rehearing Denied April 18, 1985.


Attorney(s) appearing for the Case

Stuart C. Hollimon, Strasburger & Price, Dallas, Jim Mattox, Atty. Gen. of Texas, David R. Richards, Executive Asst. Atty. Gen., Lou McCreary, Asst. Atty. Gen., Austin, Fred Weldon, Asst. Atty. Gen., Kevin J. Keith, Wayne E. Lee, Bailey & Williams, Dallas, for appellants.

John L. Hauer, P.C., Michael Byrd, Clarice M. Davis, P.C., of Akin, Gump, Strauss, Hauer & Feld, Dallas, for appellee.

Before STEPHENS, VANCE and ALLEN, JJ.


STEPHENS, Justice.

Almost a century has passed since the Texas Pacific Land Trust issued its Certificate # 390, the only remaining outstanding certificate of the Trust, in the street name of Blake Brothers & Company, a stock brokerage house operating in Boston and New York. This suit is to determine the true owner of the certificate.

In 1885, the Texas and Pacific Railway went into receivership, only a few years after Texas had granted it millions of acres...

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