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Something else grandpa did to fuck us over! Fucking asshole.
by jensonkko 14y ago
Something else grandpa did to fuck us over! Fucking asshole.
- jensonkko 14y agoI mean that as a legitimate comment! The guy who owns the farm now who is getting fucked over by the oil companies having mineral rights, was actually fucked over by his grandfather when he owned the land, selling off the rights.
- eru 14y agoThe grandfather was under no obligation to leave even the land sans mineral right to his heirs.
- at-fates-hands 14y agoInteresting. My grandfather and five of his college friends bought into some oil rights in Western ND back in the 1950's. When he passed away, he willed the rights to his six kids (My Dad was one of them). Nobody thought they were worth anything, but continued to hold on to them for whatever reason. Imagine the families surprise when several oil companies started calling to get permission to start taking field samples on the plots they owned. They've continued to make good money on the plots and are now just waiting to see if the "big payout" ever comes, where an oil company would want to buy the family out of its ownership.