Estate of Algerine Allen Smith - Page 5




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          the date on which oil prices in the United States were                      
          decontrolled.                                                               
               In response, certain HFU royalty interest owners filed suit            
          against Exxon in October 1980 in the U.S. District Court for the            
          District of Texas (Tyler Division), arguing that Exxon was                  
          required to pay them the full amount of their royalty.  Jarvis              
          Christian College v. Exxon Corp., docket No. TY-80-432-CA (the              
          Jarvis Christian litigation).  On February 6, 1981, decedent,               
          individually and as executrix for the estate of Jessamine Allen,            
          along with Frankie and other members of the Allen family (the               
          Allen parties), filed a motion to intervene as party plaintiffs             
          in the Jarvis Christian litigation.  On February 24, 1981, the              
          District Court filed an order granting leave to intervene.                  
               On March 25, 1983, the U.S. District Court for the District            
          of Columbia ruled that Exxon had violated the two-tier pricing              
          regulations.  United States v. Exxon Corp., 561 F. Supp. 816                
          (D.D.C. 1983) (Exxon I).  The District Court entered judgment in            
          favor of the DOE and ordered Exxon to make restitution to the               
          U.S. Treasury (Treasury) of the full amount of HFU overcharges              
          plus interest arising from sales of HFU crude oil for the period            
          January 1, 1975, through January 27, 1981.  The total amount of             
          the judgment exceeded $895 million.  On July 1, 1985, the                   
          Temporary Emergency Court of Appeals affirmed the District Court.           








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