I have. The guy did an amazing job back in the 50s recapping a lot of things. It was well researched!! Proves my point that HK is several steps ahead of the clown-Trustees. The fact that they found this is really amazing. He talks about the power of buybacks with regards to returning capital. Interesting that the Trust cannot drive for oil. I hope he is a shareholder currently !!
The Texas Pacific Land Trust Investor 
I have. The guy did an amazing job back in the 50s recapping a lot of things. It was well researched!! Proves my point that HK is several steps ahead of the clown-Trustees. The fact that they found this is really amazing. He talks about the power of buybacks with regards to returning capital. Interesting that the Trust cannot drive for oil. I hope he is a shareholder currently !!
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Here are the links to 1) tweet (https://twitter.com/HorizonKinetics/status/1140648713855152128), and 2) 1954 paper (http://horizonkinetics.com/wp-content/uploads/Thesis-Pages.pdf)
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Great paper. Wonder what happened to the petition mentioned in the last paragraph?
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I hope Mr. Robertson and/or his heirs are enjoying his research in TPL financially.
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