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Thompson v. Magnolia Petroleum Co., 309 U.S. 478 (1940)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Thompson v. Magnolia Petroleum Co., 309 U.S. 478 (1940)
Thompson v. Magnolia Petroleum Co. No. 481 Argued February 28, 1940 Decided March 25, 1940 309 U.S. 478
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE EIGHTH CIRCUIT
Syllabus
In a railroad reorganization proceeding under § 77 of the Bankruptcy Act in the federal court for Missouri, rights in oil underlying the right of way of the railroad in Illinois were claimed by the trustee and by others adversely. The trustee had possession of the right of way lands under claim of fee simple ownership.
Held:
1. The bankruptcy court had summary jurisdiction to adjudicate the question of title. P. 481.
2. The bankruptcy court did not abuse its discretion in ordering that the underlying oil be extracted and marketed, to prevent irreparable loss to the estate by its being drained off through wells on adjacent lands, and that the net proceeds thereof be impounded pending determination as to the rightful owner. P. 482.
3. Under the circumstances, the ownership of the fee to the right of way lands should be determined by the state courts of Illinois, and the bankruptcy court should order the trustee to proceed accordingly. P. 483.
106 F.2d 217 reversed.
Certiorari, 308 U.S. 630, to review a decree which reversed an order of the District Court and directed dismissal of a petition to that court by a trustee in a proceeding under § 77 of the Bankruptcy Act.
Contents:
Chicago:
U.S. Supreme Court, "Syllabus," Thompson v. Magnolia Petroleum Co., 309 U.S. 478 (1940) in 309 U.S. 478 309 U.S. 479. Original Sources, accessed July 15, 2025, http://www.originalsources.com/Document.aspx?DocID=LHRXISMUYRXYH6K.
MLA:
U.S. Supreme Court. "Syllabus." Thompson v. Magnolia Petroleum Co., 309 U.S. 478 (1940), in 309 U.S. 478, page 309 U.S. 479. Original Sources. 15 Jul. 2025. http://www.originalsources.com/Document.aspx?DocID=LHRXISMUYRXYH6K.
Harvard:
U.S. Supreme Court, 'Syllabus' in Thompson v. Magnolia Petroleum Co., 309 U.S. 478 (1940). cited in 1940, 309 U.S. 478, pp.309 U.S. 479. Original Sources, retrieved 15 July 2025, from http://www.originalsources.com/Document.aspx?DocID=LHRXISMUYRXYH6K.
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