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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (April 5, 1979)
in acres? A&M gets oil land royalty; value uncertain THE BATTALION THURSDAY, APRIL 5, 1979 Page 7 isleFi le Bra** usic, Foi By RUSTY McDONALD Battalion Reporter Texas A&M University may have received a very valuable gift. On the Op.nJ other hand, it may have gotten no thing. jp se , J Clayton W. Williams Jr., an in- OA dependent oilman from Midland, d haslgiven the school an overriding royalty interest in approximately 86,000 acres. The land is located in " ei lii various parts of Brazos, Burleson and Robertson counties in Central Texas and is just north of Kurten Field, one of the state’s newest oil fields. The royalty interest has a market value of $2.37 million. An overriding royalty interest means that when and if oil or gas is found on this land and is produced, Texas A&M will receive a percent age of the gross value. For Texas A&M to profit on the royalty, though, oil or gas must be found while Williams still has a lease on the land. If the lease runs out leaving rape law same cr.on | | United Press Internationa] AUSTIN — The Senate has re- Tower. fused to consider rewriting a Texas , Rudds law that protects from prosecution husbands who rape their wives. Sen. Gene Jones, D-Houston, ; T ' ptopoM’d a change in the law Tues day bto allow prosecution in cases when the couple is separated, in Room But critics blocked consideration 'ty of the bill on a 16-14 vote. Under lationalii Senate procedure a two-thirds majority is needed to debate a mea- „ , sure. abouiiH ipleinhis «‘Right now there is no way that a human! 1 man can be prosecuted for assault- andlO:| ing or raping his wife,” Sen. H. Tati nts. Sintiesteban, D-El Paso, told his j colleagues. “This bill makes it illegal for an individual to rape someone he has|)een living with.” “If it’s the wife or somebody he tute books, to drop the provisions for prosecuting husbands for raping their wives. Under Jones’ measure the term “rape” would be replaced with “as sault” and “aggravated assault.” He said the terminology change would help eliminate the degradation and sexual connotation of the word rape. The legislation also would elimi nate gender references in the law and thereby allow capital murder charges to be pressed against a male convicted of raping and murdering another male. with no discovery of minerals, the school will lose its interest and no money will be received by the Uni versity. Some of the leases start running out in 1981. Robert M. Rutledge III, director of the Texas A&M University De velopment Foundation, which will handle this gift, said the foundation has another option — it can sell the interest. “The trustees of our foundation are at this time reviewing the asset and the possibility of production of oil and gas in this area to determine whether or not it would be better for us to hold it, sell it, or hold part of it and sell part of it,” Rutledge said. “An asset such as this could be worth nothing if we didn’t sell it, or it could be worth a fraction of the value, or 20 times the value, de pending on if there is any oil or gas produced,” he added. Williams, a 1954 graduate of Texas A&M, gave $100,000 to the University a year ago to be used by the Free Enterprise Center, the Modesta and Clayton Williams Pres ident’s Endowed Scholarship and the foundation. He has directed that the income from this latest gift be distributed to academic programs, athletics and student aid. Rutledge said that when an in come from the gift is realized, the following distributions will be im plemented: 50 percent to the Cen ter for Education and Research in Free Enterprise; 15 percent unre stricted to the foundation; 10 per cent for the NCCA-sanctioned ath letic programs; 10 percent to benefit women students; 5 percent for the Texas Aggie Band; 5 percent for general student financial aid, and 5 percent to The Texas A&M Univer sity System Press. Battalion Classifieds Call 845-2611 The Best Pizza in Town (Honest) Tho .ynswoi* (o a^pizza^ljover*® grayer LIVE MUSIC — Fri., Sat., Sun. playing your songs by request. Our Place in University Square College Station 646-4609 HAPPY HOUR - BEER & WINE 2-4-1 Mon.-Fri. 4:30-6:00 p.m. Our new place 2401 Texas Ave. Bryan 779-2431 Hey Kids! Have your birthday party at Mr. Gatti’s ... free cokes! form at j s are /ailablei cohabits with it’s not the same pen- altyjas if he rapes some stranger?” asked Sen. Raul Longoria, D-Edinburg. 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