Clarification on Royalty Payment Method for Osage Indian Lands' Oil Production
- Identifier:
- CAC_CC_038_8_32_21_0016
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Title:
- Clarification on Royalty Payment Method for Osage Indian Lands' Oil Production
- Date Created:
- 1963-05-22
- EDTF:
- 1963-05-22
- Creator:
- unknown
- Rights:
- http://rightsstatements.org/vocab/NKC/1.0/
- Language:
- eng
- Record Type:
- correspondence
- Collection:
- A. S. "Mike" Monroney Collection
- Collection Finding Aid:
- https://arc.libraryhost.com/repositories/3/resources/27
- Description:
- The letter is in response to Emby Kaye's inquiry about royalty payments for oil produced on Osage Indian lands. The Bureau of Indian Affairs explains that royalty payments are based on the highest posted market price in the Mid-Continent oil field on the day of sale. The Superintendent of the Osage Agency issues circulars advising lessees of the highest posted price. The letter emphasizes that the lease provisions are designed to protect the tribe and ensure that the full amount due is collected.
- Policy Area:
- Native Americans
- Names:
- Osage Nation
- Topic:
- Indians of North America--Oklahoma
- Congress:
- 88th (1963-1965)
- Physical Location:
- CAC_CC_038_8_32_21_0000, Box 21, Folder 16, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
- Location Represented:
- United States (nation), Oklahoma (state)
- Type:
- Text
- Extent:
- 2 Pages
