Untitled Texas Attorney General Opinion

Honorable Robert S. Calvert Opinion No. M-1289 Comptroller of Public Accounts Finance Bulldln Re: Whether certain oil refinery Austin, Texas 7Qr711 units on 011 company land when severed by sale and leased by oil company from owner, are personal property, and whether the contract Involved is lease or flnanc- Dear Hr. Calvert: ing agreement. We are in receipt of your request for an official opinion, quoted as follows: “Signal Oil & Gas Company has entered into con- tracts with contractors to build on ite propei‘ty at Its Houston refinery four refinery units Iso- Slv’ Unit, Ethyl Benzene Unit, Para-Zylene UnI t, and Iso-Max Unit) at an approximate cost of $17,416;000.00. Prior to their accepting the units and after having made substantial payment to the contractors, Signal directed the contrac- tors to transfer such units to Bank of America National Trust and Savings Association of Los Angeles, California. The Bank thereafter remitted the approximate cost of the units to the respective contractors who in turn remitted such sums to Signal for the release of any claims Signal had on the Units. "At the same time Signal and the Eank entered into lease contracts, a copy of which is attached hereto, on the four units. Section VIII of the contracts concerning return of equipment states that the Lessee (Signal will return each Unit to the Lessor (the Bank1 and that the Lessor or Its assignees shall have the right to remove each Unit at the termination of the lease. Sec- tion IX relating to default provides that upon the occurrence of specified events the Lessor, -6320- Honorable Robert S. Calvert, Page 2 (M-1289) at its option, may terminate the lease and take possession of the Units which can then be leased or sold by the Lessor. Section XI, ‘Miscellaneous’, includes the following: “Nothing herein contained shall be deemed to give Lessee any right, title or interest In or to any of the Units leased hereunder except as Lessee hereunder. “Each Unit is, and shall at all times be and remain, personal property notwithstanding that any Unit or any part thereof may now be, or hereafter become, in any manner affixed or attached to, nor lmbedded in, or permanently resting upon, real property or any building thereon, or attached in any manner whatso- ever to what is permanent as by means of cement, plaster, nails, bolts, screws, gravity or otherwise. f . . (mphasis Added) “The Units in question are substantially affixed and attached to Signal’s realty, see attached photographs. The lease contract does not pro- vide that title shall ever vest in Signal or that Signal shall have the right to purchase such units. However, by separate agreexent Signal agreed to purchase the Units from the Bank should they not enter into the subzect lease agreement, see attached letter. “Your official opinion Is consequently requested as to the following two questions: “1. Are the above described units tangible per- sonal property within your Opinion No. M-298? “2 . Should the answer to the first question be in the affirmative, does the agreement between Signal and the Bank constitute a financing agree- ment as contended by Signal rather than a lease?” The question as to whether improvements on property are to be considered personalty or as a fixture and therefore real prop- erty, has been a subject that has been considered by scholars and has been before the courts on many occasions. In 25 Tex. Jur.2d, Fixtures, Sec. 7, at page 339, we find: -6321- Honorable Robert S. Calvert, Page 3 (M-1289) “Chattels lose their identity as personal prop- erty where they are so annexed to the realty that they cannot be detached without damage to the freehold, or without destroying the useful- ness of the property to which they are annexed. Conversely, the things affixed retain their character as personal where they can be removed with slight or no injury to the realty, or to themselves. ” The photographs attached to your request clearly show that the improvements are extensive, and the factual Information con- tained in Signal’s brief set forth the following information concerning the same, to-wit: “The improvements have foundations with an average depth of approximately fifteen feet placed upon pilings, 100 to 700 to number beneath each founda- tion, each piling averaging 35 feet in depth. The foundations and pilings are made of reinforced con- crete and steel and are designed to support weights and pressures comparable to those of many large office buildings. One unit is actually more than 20 stories tall. The foundations have curbs and gutters, underground drainage, and many other con- struction features similar to building foundations. All structures are connected by piping to other permanent refinery units and have supply lines for water and other utilities. The concrete super- structures themselves extend as high as four stories. Each structure is permanently affixed to the foundation.’ To the extent that any com- ponent part could be removed, considerable damage would be done and the removed parts could be sold only for scrap value. It would be a physical. impossibility to sever the structures from the ground and move them intact to a new location.” From the photographs and the description of the facllitles, It seems clear that the same cannot be removed without damage to the freehold or without destroying the usefulness of the property upon which they are situated as well as to the fix- tures themselves. Section X of the lease agreement between the Bank of America National Trust and Savings Association, as lessor and Slgnal -6322- Honorable Robert S. Calvert, Page 4 (M-1289) 011 k Gas Company as lessee, gives the leSSOr the right of removal of the leased unit8 at the termination of the lease. While the right of removal of personalty has been considered a factor in deciding whether property was personalty or had become a part of the realty, it would appear that the classi- cal tripartite approach set forth in Hutchins v. Masterson k Street, Assignees k C., 46 Tex. 551 [T877) is applicable in thie instance. The tests set forth n the’liutchins case are as follows : “It Is said, the weight of modern authorities establish the doctrine that the true criterion for determining whether a chattel has become an Immovable fixture, consists in the united application of the following tests: “1st. Has there been a real or constructive annexation of the article in question to realty? “2nd. Was there a fitness or adaptation of such article to the uses or purposes of the realty with which it Is connected? “3rd. Whether or not it was the Intention of the party making the annexation that the chattel should become a permanent accession to the free- hold? - - (a) this Intention bein Inferable from the nature of the article, (b the relation and situation of the parties Interested, (c) the policy of the law in’respect thereto, (d) the mode of annexation and purpose or use for which the annexation Is made. in this State. 297 S.W.2d 195, 197 ervice Company v. Smith, Due to the character of the Improvements placed on the realty, and based on the authorities cited above, we believe that the property covered in your request is real property. Our answer to your first question being a negative one, we do not conslder it necessary to answer the second question. -6323- Honorable Robert S. Calvert, Page 5 (M-1289) SUMMARY Refinery units constructed on land owned by gas company are determined to be real property. Very truly yours, Prepared by Gordon C. Cass Assistant Attorney General APPROVED: OPINIOBICOMKITTEZ SAWUELD. McWNIEL Staff Legal Assistant ALFREDWALKER Executive Assistant NOLAWHITE .. First Assistant -6324-