Robert S. Alcott III v. 1893 Oil and Gas, Ltd. and ELP2 Minerals, Ltd.
Appellants Robert S. Alcott III, Patricia Brashear, and Katie Lynn Stevenson appealed a summary judgment granted in favor of appellees 1893 Oil and Gas, Ltd. and ELP2 Minerals, Ltd. The dispute centers on mineral interests in Live Oak County, Texas, stemming from a 1922 "Alcott Deed" which appellants claim conveyed an undivided interest in oil, gas, or minerals. Appellees argued the claims were barred by the statute of limitations and the statute of frauds, asserting the Alcott Deed lacked an adequate legal description. The appellate court affirmed the trial court's decision, concluding that the Alcott Deed violated the statute of frauds due to an insufficient legal description of the purported mineral interest.