Bill Text: TX HCR118 | 2013-2014 | 83rd Legislature | Enrolled
Bill Title: Honoring the Fasken family on the 100th anniversary of Fasken Oil and Ranch, Ltd.
Sponsorship: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2013-05-10 - Signed by the Governor [HCR118 Detail]
Download: Texas-2013-HCR118-Enrolled.html
| H.C.R. No. 118 | ||
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| WHEREAS, The year 2013 marks a special milestone in the rich | ||
| history of Fasken Oil and Ranch, Ltd., with the observance of its | ||
| 100th anniversary; and | ||
| WHEREAS, Fasken Oil and Ranch originated in 1913, when David | ||
| Fasken, a barrister from Toronto, Canada, purchased 222,000 acres | ||
| of land, known as C Ranch, located northwest of Midland; this | ||
| initial investment laid the foundation for future development and | ||
| the expansion of the company, which was further secured when oil was | ||
| discovered on the land in 1942; and | ||
| WHEREAS, In the 1950s, David Fasken's grandson, David Fasken, | ||
| Jr., began his own oil and gas exploration and production efforts on | ||
| the property and expanded the company's holdings by acquiring | ||
| ranches in Webb, Reeves, and Culberson Counties; he passed away in | ||
| 1982, and his wife, Barbara Fasken, consolidated the various family | ||
| operations into one organization; and | ||
| WHEREAS, Today, Fasken Oil and Ranch, Ltd., employs 200 | ||
| people; it continues to be a leader in oil and gas exploration and | ||
| has diversified to include real estate development, including its | ||
| latest project, The Vineyard, a master-planned community that will | ||
| integrate Fasken Headquarters, residential housing, and commercial | ||
| and retail space; and | ||
| WHEREAS, Since 1957, the company has contributed annually to | ||
| local charitable causes through the Fasken family's Prairie | ||
| Foundation; in recent years, it has funded college scholarships and | ||
| supported local organizations that strengthen families and provide | ||
| services to children in need; and | ||
| WHEREAS, The well-being of the people of Texas depends on a | ||
| vibrant, diversified economy, and Fasken Oil and Ranch, Ltd., is to | ||
| be commended for the role it plays in furthering the prosperity of | ||
| the Lone Star State; now, therefore, be it | ||
| RESOLVED, That the 83rd Legislature of the State of Texas | ||
| hereby congratulate Fasken Oil and Ranch, Ltd., on its 100th | ||
| anniversary and extend to the Fasken family and the company's | ||
| management and employees best wishes for the future; and, be it | ||
| further | ||
| RESOLVED, That an official copy of this resolution be | ||
| prepared for the company as an expression of high regard by the | ||
| Texas House of Representatives and Senate. | ||
| Craddick | ||
| Raymond | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I certify that H.C.R. No. 118 was adopted by the House on May | ||
| 1, 2013, by a non-record vote. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| I certify that H.C.R. No. 118 was adopted by the Senate on May | ||
| 3, 2013, by a viva-voce vote. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| APPROVED: __________________ | ||
| Date | ||
| __________________ | ||
| Governor | ||
