- headright
- An interest in trust funds arising from mineral income from land held or once held by an Indian tribe as well as the right to any royalties or interest. Sheppard v. Sheppard, 104 Idaho 1, 655 P.2d 895, 904.Under the Allotment Act (Act Cong. June 28, 1906 [34 Stat. 539]), creating a trust fund from all tribal funds which included funds from sale of tribal lands, funds allowed on claims against the United States and received from tribal oil, gas, and mineral rights, each allottee owned his pro rata share of the trust fund, and this pro rata beneficial interest is commonly called a "headright."@ headright certificateIn the laws of the republic of Texas, a certificate issued under authority of an act of 1839, which provided that every person immigrating to the republic between October 1, 1837, and January 1, 1840, who was the head of a family and actually resided within the government with his or her family should be entitled to a grant of 640 acres of land, to be held under such a certificate for three years, and then conveyed by absolute deed to the settler, if in the meantime he had resided permanently within the republic and performed all the duties required of citizens@
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.