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To: BereanBrain

NO wonder your so pissed off.

Want money from your ancesters land. Seems everyone wants something for nothing.
.........................

The 500 descendants want state lawmakers to amend the state Unclaimed Property Act to give them access to unclaimed royalty proceeds from those ancestral lands. The descendants and their legal teams met Sunday in San Antonio to plan their strategy for righting what they regard as an injustice dating back more than a century and a half.

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Sor Juana’s Remains to be Authenticated Through DNAThe royalties originally paid by oil companies have been sitting unclaimed in the Texas comptroller’s office, the San Antonio Express-News reported in its Sunday edition. Attorneys for descendants say the comptroller has at least $200 million in unclaimed royalties, but information they have obtained through the state Freedom of Information Act show more than $561 million is unclaimed, the newspaper reported.

The ancestors of hundreds of families in Starr, Hidalgo, Jim Wells and other South Texas counties received the land grants on what is now the Texas side of the Rio Grande.

Owners of the original accounts didn’t specify heirs in their wills before they died, La Porte lawyer Eileen McKenzie Fowler told the newspaper.

Fowler, who represents families in the quest, said oil companies have not kept records or have disclosed little to no information on royalty payments due the families. So far, no one has received any royalty payments, she said.

Meanwhile, although Texas cannot spend the unclaimed funds, it does keep the interest they generate and places the proceeds in its general fund, she said.

Read more: http://latino.foxnews.com/latino/news/2011/01/31/texas-descendents-mexican-spanish-land-grants-want-royalties/#ixzz1V2i70IDN


98 posted on 08/14/2011 3:13:05 PM PDT by Marty62 (Marty60)
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To: Marty62

Nope, did not want money from ancestors.
Nor did I inhierit a single acre.

I worked my way through college, and have been employed 25+ years paying my taxes.

How can you accuse someone of something when you don’t even know the facts?

In fact, I am on the “other” side of the state from the petitioners you mentioned. But you probably don’t know that’s a full days drive at 70+ MPH.


105 posted on 08/14/2011 3:17:15 PM PDT by BereanBrain
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