Texaco, Inc. v. Short

Indiana's statute extinguished a mineral interest unused for 20 years unless the owner filed a claim statement, with a two-year grace period allowing owners like Texaco (plaintiff), whose interest had already gone unused over 20 years, to file and preserve it; Texaco did not file within the grace period and sued, arguing the statute's lack of individualized notice violated due process and effected an uncompensated taking, and the Indiana Supreme Court upheld the statute after the trial court ruled for Texaco.