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TABLE OF CONTENTS


Overview

Agency History

Scope and Contents of the Records

Arrangement of the Records

Restrictions

Index Terms

Related Material

Administrative Information

Description of Series

Stockholders annual reports, 1963-1978,

Texas State Library and Archives Commission

Railroad Commission of Texas, Gas Utilities Division:

An Inventory of Stockholders Annual Reports at the Texas State Archives, 1963-1978



Overview

Creator:Railroad Commission of Texas. Gas Utilities Division.
Title:Stockholders annual reports
Dates:1963-1978
Abstract:These reports are copies of annual printed statements sent out by utility companies to their stockholders, dating 1963-1978. A copy was filed with the Gas Utilitities Division (later called the Gas Services Division) of the Railroad Commission of Texas. Each report contains the names of officers and director of the utility and a great deal of financial information on recent operations of the utility.
Quantity:2 microfilm reels
Repository: Texas State Archives

Agency History

The Railroad Commission of Texas had its origin in the demands of the shipping public in the late 1880s which insisted that railroads be subject to regulation based on public interest. An advocate for governmental regulation, Attorney General James Stephen Hogg ran for Governor in 1890 with the issue of railroad regulation as the focal point of the campaign. Hogg was elected Governor in the general election and the voters also approved an amendment to Article X, Section 2 of the Texas Constitution that empowered the Legislature to enact statutes creating regulatory agencies. These elections paved the way for the Legislature to enact on April 3, 1891 "An Act to Establish a Railroad Commission of the State of Texas," that later was placed in the Texas Revised Civil Statutes under article 6444 et seq. (House Bills 1, 3, and 58, 22nd Legislature, Regular Session).

The Commission originally consisted of three members appointed by the Governor for three-year terms. Governor Hogg appointed the first three Commissioners in 1891, including John H. Reagan, who resigned as U.S. Senator from Texas to serve as the first Chairman. The Texas Constitution, Article XIX, Section 30 was amended in 1894 to provide for elective six-year overlapping terms for the Commissioners. That same year John H. Reagan was elected and served until his retirement in 1903.

The Texas Railroad Commission was the first regulatory agency created in the State of Texas and originally had jurisdiction over the rates and operations of railroads, terminals, wharves and express companies. The legal focus was on intrastate passenger and freight activities. Interstate jurisdiction fell under the U.S. Interstate Commerce Commission. For the first twenty-five years of its existence, the Railroad Commission was largely concerned with regulating railroads, setting rates, receiving complaints, and making investigations. As other controversies arose where the Legislature deemed that the public interest could best be served by regulation, additional duties were assigned to the Railroad Commission.

The Railroad Commission's authority was broadened beginning in 1917 with the passage of the Pipeline Petroleum Law, Senate Bill 68, 35th Legislature, Regular Session, that declared pipelines to be common carriers like railroads and placed them under the Commission's jurisdiction. This was the first act to designate the Railroad Commission as the agency to administer conservation laws relating to oil and gas.

The Commission's regulatory and enforcement powers in oil and gas were increased by Senate Bill 350 of the 36th Legislature, Regular Session, the Oil and Gas Conservation Law, effective June 18, 1919. This act gave the Railroad Commission jurisdiction to regulate the production of oil and gas. Acting upon this legislation, the Commission adopted in 1919 the first statewide rules regulating the oil and gas industry to promote conservation and safety, including Rule 37. This rule requires minimum distances between wells at drilling sites in order to protect field pressure and correlative rights.

The Gas Utilities Act of 1920, House Bill 11, 36th Legislature, 3rd Called Session, gave the Commission regulatory and rate authority over individuals and businesses producing, transporting, or distributing natural gas in Texas. In 1937, following a large natural gas explosion in a school in New London, Texas, the 45th Legislature passed legislation giving the Railroad Commission the authority to adopt rules and regulations pertaining to the odorization of natural gas or liquefied petroleum gases (House Bill 1017, Regular Session). The passage of the Public Regulatory Act of 1975 (PURA), House Bill 819, 64th Legislature, Regular Session, required certain state regulatory agencies, including the Commission, to set the overall revenues of a utility based on its "cost of service."

Regulation of liquefied petroleum was added to the Commission's responsibilities in 1939 by House Bill 792, 46th Legislature, Regular Session. The legislation authorized the Commission to adopt and enforce safety rules and standards in the storage, handling, transportation, and odorization of butane or LP-gases. Regulation of compressed natural gas was added to the Railroad Commission's responsibilities in 1983 (Senate Bill 617, 68th Legislature, Regular Session).

The Railroad Commission regulates the oil and gas industry to prevent the waste of resources and to protect property rights and the environment. It oversees hazardous materials pipelines and natural gas pipelines and distribution systems as well as propane, butane, compressed natural gas, and liquefied natural gas. The Commission licenses and conducts seminars for oil and gas dealers and their employees. It also oversees railroad safety and rail planning; surface mining for coal, uranium, and iron ore gravel; and land reclamation when mining is complete.

The Gas Services Division, formerly the Gas Utilities Division, works to ensure that a continuous safe supply of gas is available to Texas consumers at the lowest, reasonable rates. The division establishes rates and services that are fair and reasonable for gas utilities and their customers; enforces those rates; maintains safety standards in the gas and hazardous liquids pipeline systems throughout the state by inspection and investigation of any hazards or accidents; oversees intrastate gathering and storage services; and adopts and maintains adequate safety rules and standards in the handling, transportation, and odorization of LP-gases (liquefied petroleum gases) for dealers, handlers, and consumers. It further regulates propane and compressed natural gas by requiring anyone working with these gases to pass a written qualifying exam administered by the Commission. The division also focuses on regulatory policy and analysis as well as identifying and eliminating natural gas transportation problems. There are four main sections in this division - Audit, Liquefied Petroleum Gas, Pipeline Safety, and Regulatory and Analysis.

Railroad Commission support divisions include the Public Information Office, Personnel, Finance and Administration, Information Technology Services, Intergovernmental Affairs, and the Office of Internal Audit. Three elected Commissioners direct the operations of the agency.

In 1999, the agency had approximately 848 FTE (full-time equivalent) employees. Legal authority for the Railroad Commission is the Texas Constitution, Art. X, Sec. 2 and Art. XVI, Sec. 30; and the Natural Resources Code, Chapter 81.

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Scope and Contents of the Records

These reports are copies of annual printed statements sent out by utility companies to their stockholders, dating 1963-1978. A copy was filed with the Gas Utilitities Division (later called the Gas Services Division) of the Railroad Commission of Texas. Each report contains the names of officers and director of the utility and a great deal of financial information on recent operations of the utility, typically including balance sheet data, assets, liabilities and stockholder's equity, real property, plants and equipment, operating data which includes earnings and dividends per share, and a ten year chart showing past financial performance. These reports are not standarized so there are some differences in the data presented. In a few cases, a financial statement or an income tax return was filed in place of the longer annual report statement.

To prepare this inventory, the described materials were cursorily reviewed to delineate series, to confirm the accuracy of contents lists, to provide an estimate of dates covered, and to determine record types. The reports are on microfilm, most are on one reel. The second reel contains a few reports and has retakes of most, but not all of the reports.

This finding aid describes one series of the Railroad Commission of Texas records. See Railroad Commission of Texas: An Overview of Records for more records series.

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Arrangement of the Records

These records are arranged alphabetically by gas utility and then chronologically by year.

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Restrictions

Restrictions on Access

None.

Restrictions on Use

None.

Technical Requirements

Microfilm readers are available in Rooms 110 (Geneology Division) and 300 (Reference Division).

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Index Terms

The terms listed here were used to catalog the records. The terms can be used to find similar or related records.
Corporate Names:
Railroad Commission of Texas. Gas Utilities Division.
Subjects:
Gas companies--Texas.
Natural gas--Texas.
Gas industry--Texas.
Document Types:
Annual reports--Texas--Gas industry--1963-1978.
Functions:
Regulating gas industry.

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Related Material

The following materials are offered as possible sources of further information on the agencies and subjects covered by the records. The listing is not exhaustive.

Texas State Archives
Railroad Commission of Texas, Gas Services Division, Gas utility company annual financial reports, 1920-1997, 179 microfilm reels

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Administrative Information

Preferred Citation

(Identify the item), Stockholders annual reports, Gas Utilities Division, Railroad Commission of Texas. Archives and Information Services Division, Texas State Library and Archives Commission.

Accession Information

Accession number: 1981/120

These records were transferred to the Archives and Information Services Division of the Texas State Library and Archives Commission by the Railroad Commission of Texas on February 12, 1981.

Processing Information

Inventoried by Laura K. Saegert, 1981

Described by Paul Beck, January 1987

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Detailed Description of the Records

 

Stockholders annual reports, 1963-1978,
2 microfilm reels

Reel
3299Aledo Gas Co., Ltd. (balance sheet)
Arkansas Louisiana Gas Company, annual reports, 1969, 1970, 1976
Reel
3300Arkansas Louisiana Gas Company, retakes, 1969, 1970, 1976
Reel
3299Brazos River Gas Company, annual report, 1977
Cabot Corporation, annual report, 1976
Reel
3300Cabot Corporation, retake, 1976
Reel
3299City Public Service of San Antonio, annual reports, 1976, 1977, 1978
[fiscal years ending in January of each year]
Reel
3300City Public Service of San Antonio, retakes, 1976, 1977, 1978
Box
3299City of Grey Forest, annual report, 1977-1978
Reel
3299City of Grey Forest, financial statement, September 1977
Coastal States Gas Producing Company, annual reports, 1969, 1970, 1971
[for year ending in June of each year]
Reel
3300Coastal States Gas Producing Company, retakes, 1969, 1970, 1971
Reel
3299Colorado Interstate Corporation, annual reports, 1970, 1977 [year ending December 31 in 1976 and 1977]
Reel
3300Colorado Interstate Corporation, retake, 1970
Reel
3299Community Public Service Company, annual reports, 1969, 1970, 1971, 1976, 1977
Reel
3300Community Public Service Company, retakes, 1969, 1977
Reel
3299CRA, Inc. (a subsidiary of Farmland Industries), annual report, 1977
Reel
3300CRA, Inc., retakes, 1977
Reel
3299Dow Chemical Company, annual reports, 1969, 1974, 1975, 1976, 1977
Reel
3300Dow Chemical Company, retakes, 1969, 1974, 1975, 1976
Reel
3299Eagle Pass Natural Gas Corporation, financial statement, December 1977
East Texas Industrial Gas Company, financial statement, June 1977
El Paso Company, annual report, 1976
Reel
3300El Paso Company, retake, 1976
Reel
3299Energy Operating Corporation, financial report, 1977
Energy Operating Corporation, income tax return, 1977
Enserch Corporation, annual reports, 1963, 1975, 1976
Reel
3300Enserch Corporation, retakes, 1963, 1975, 1976
Reel
3299Enterprises Resources Incorporated, annual report, 1977
Reel
3300Enterprises Resources Incorporated, retake, 1977
Reel
3299Entex, Inc., annual reports, 1974, 1975, 1977
Reel
3300Entex, Inc., retakes, 1974, 1975, 1977
[addition of pg. 8 for the 1975 retake]
Reel
3299Farmers Natural Gas Company, Inc., income tax return, 1977
Ferguson Crossing Pipe Line Company, income tax return, 1977
Florida Gas Company, annual report, 1977
Reel
3300Florida Gas Company, retake, 1977
Reel
3299Houston Natural Gas Corporation, annual reports, 1976, 1977
Reel
3300Houston Natural Gas Corporation, retakes, 1976, 1977
Reel
3299Hydro Nuclear Corporation, interim report to stockholders, June 1970
Hydro Nuclear Corporation, annual report, April 1971
Kansas-Nebraska Natural Gas Company, Inc., annual reports, 1976, 1977
Reel
3300Kansas-Nebraska Natural Gas Company, Inc., retakes, 1976, 1977
Reel
3299Mississippi River Transmission Corporation, annual report (includes Missouri Pacific Railroad Company), 1963
Mississippi River Transmission Corporation, annual report, 1971
Reel
3300Mississippi River Transmission Corporation, retake, 1963
Reel
3299Mobile, annual report, 1977
Reel
3300Mobile, retake, 1977
Reel
3299Northern Natural Gas Company, annual reports, 1963, 1969, 1970, 1971, 1976
Reel
3300Northern Natural Gas Company, retakes, 1963, 1969, 1970, 1971, 1976
Reel
3299Nue Wells Pipe Line Company, financial statement, 1976-1977
Odessa Natural Gasoline Company, report on examination, December 1969
Odessa Natural Corporation and Subsidiaries, report on examination, 1976-1977
Old Ocean Fuel Company:
Financial statements, December 1969, December 1970
Financial statements, 1975-1976
(with letters dated March 15, 1977 and March 23, 1978)
Reel
3300Retakes - front cover all reports
Reel
3299Orion Gas Systems, Inc., chart of accounts, 1971
Panhandle Eastern, annual reports, 1963, 1969, 1970, 1971, 1976, 1977
Reel
3200Panhandle Eastern, retakes, 1963, 1969, 1970, 1971, 1976
Reel
3299Pioneer Corporation, annual reports, 1970, 1974, 1975, 1976, 1977
Reel
3300Pioneer Corporation, retakes, 1970, 1974, 1975, 1976, 1977
Reel
3299Producers Gas Company (Crail Gas Company Subsidiary of Lear Petroleum Corporation), annual report, 1977
Southern Natural Gas Company, annual reports, 1963, 1969, 1970, 1971
Reel
3300Southern Natural Gas Company, retakes, 1963, 1969, 1971
Reel
3299Suburban Propane Gas Corporation, annual report, 1977
Reel
3300Surburban Propane Gas Corporation, retake, 1977
Reel
3299Southern Union Gas Company, annual reports, 1969, 1970, 1977
Reel
3300Southern Union Gas Company, retakes, 1969, 1970, 1977
Reel
3299Sun Oil Company, annual report, 1971
Reel
3300Sun Oil Company, retake, 1971
Reel
3299Tenneco, annual reports, 1970, 1971, 1976, 1977
Reel
3300Tenneco, retakes, 1970, 1971, 1976, 1977
Reel
3299Tejas Gas Corporation, annual report, 1976
Reel
3300Texas Gas Transmission Corporation, annual reports, 1963, 1969, 1970, 1971, 1976, 1977, 1978
Reel
3299Texas Eastern Transmission Corporation, annual reports, 1969, 1970, 1976
Reel
3300Texas Eastern Transmission Corporation, retakes, 1969, 1970
Texas Oil and Gas Corporation, annual reports, 1969, 1971
Reel
3299Transwestern Pipeline Company, annual reports, 1969, 1970, 1976
Trunkline Gas Company, financial statements, 1971, 1977
Reel
3300Trunkline Gas Company, retakes, 1971, 1977
Union Texas Petroleum Corporation (a division of Allied Chemical), annual report, 1977
United Gas Company, annual report, 1971
United Gas Pipe Line Company, annual reports, 1974, 1975
United Texas Transmission Company (formerly Pennzoil Pipeline), annual report, 1969
Reel
3299West Texas Gathering Company, report on examinations, 1969, 1976, 1977

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