About
Royalties began when the "upper classes" in England, France and other countries owned all the land, and received a continuous passive income from the "rent" of the tenants but in this case Operators who produce Oil & Gas from Mineral rights you'll own. Because the people who received these ongoing payments were the Princes, Dukes, and Earls, the payments came to be called "Royalties".
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Submitted Oct 13, 2010, updated Oct 13, 2010
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Website size 6-25 pages
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Member Group: Basic Member
Registered: Oct 13, 2010
Last seen: Oct 13, 2010 - 5:12 am
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Location: Parker Burgs
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