Texas Pacific Land Trust

Specimen Stock. The Texas Pacific Land Trust was created in the 1888 bankruptcy of the Texas & Pacific Railway to sell the railway's land. The trust started out with the railroad's 3.5 million acres; today it remains the largest private landowner in Texas, with nearly 1 million acres. It’s function involves oil and gas royalties, grazing leases, easements and the gradual sale of its land. American Bank Note Co. Extremely Rare! Important!