Joined: Oct 2007
Posts: 800
Oil Company Doesn't Want To Buy Land Its Referring To Treaty Rights
10/29/2010 at 11:54 PM
TruthbeTold
10/29/2010 1:38:33 PM
Member since:
Jan 2010
Total posts:765
Oil company wants to buy my land
I have a bit of a problem that I would like opinions on.
The situation is this, My grandfather leased out a section of his land to an oil company in 1935 at $10/year so they can have access to their exploration site. They have been paying my family that money since then. It hasn't gone up because gramps didn't know very much about big business and such.
The land was handed to my father and ten years ago I gain possession of the land.
The oil company approached me recently and offered to buy the land at about 10% of the true value. They said that since they had been leasing the land for the last 60 years they should be able to buy it at the 1935 rate.
Do you think this is fair?TruthbeTold
10/29/2010 2:19:21 PM
Member since:
Jan 2010
Total posts:765
Let's give a twist to this.
I wanted to get your point of view to bring forth a point.
My wife's great grandfather signed such an accord or treaty in 1898, Treaty 6 to be exact. In it the Canadian government agreed to many things including heath care, education, and $5/year (which has not increased either).
We now have people saying that such an accord should be gotten rid of and all the indians be left to their own devices. some of their words were to the effect that "Why should I pay for what my grandfather did.?"
I wanted to know peoples reaction to a similar event when the race card is removed.
What are your opinions on this?