OCR Text |
Show WATERS-PIERCE OIL CO. DENIED A RE-HEARING Austin, Tex. April 16. The. mandate man-date from tho United States supreme court arrived here today, ending the iug litigation between the state of Texas and the Waters-Pierce Oil company. In favor of the state, the corporation being denied a rehearing in the ouster and penalty suits. The federal court will order its receiver to turn over the company's property to tbe state receiver, and officials of I the company will then pay-the fine and accruing penalties, which total uearly $2,000,000. It is announced lhat the corporation officials Intend paying the entire amount In cash. |