Texas Pacific Land Trust

Texas Pacific Land Trust

Texas Pacific Land Trust was created in 1888 as a result of the bankruptcy of the Texas and Pacific Railway Company. Holders of Texas and Pacific Railway Company bonds received 3.5 million acres of land in Texas which had been earned by the railroad and pledged as security against bonds. The bondholders created the Trust and converted bonds to shares of proprietary interest in the Trust. The Trust was created to manage and sell the land. Today the Trust is one of the largest landowners in Texas with around 965,000 acres located in twenty different counties. Texas Pacific Land Trust derives revenue from all avenues of managing the land, i.e. oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. The Trust has a perpetual oil and gas royalty interest in some 387,000 acres.

Contact Details

Office Address

Texas Pacific Land Trust
1700 Pacific Ave., Ste. 2770
Dallas, TX, USA 75201
Phone: (214) 969-5530
Fax: (214) 871-7139

Executives

Chief Exec. Officer, Sec. and Gen. Agent

Mr. Roy Thomas

Chief Financial Officer

Mr. David M. Peterson

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