Mineral rights

m swain · 2016-07-21T02:53:54Z

If a deed in 1925 states "reserves one-sixteenth 1/16 of the oil and gas royalties," does it mean only 1/16 or if the use in 1925 of 1/16 was a short-hand way of meaning one half 1/2 of the mineral interest because the standard royalty rate was 1/8, what would it be, 1/16th or 1/2?

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