Texas Pacific Land Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 5

Note 5

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Conversion Of Stock [Text Block]

(

5

)

The Sub-shares and the Certificates of Proprietary Interest are freely interchangeable in the ratio of

one

Certificate of Proprietary Interest for

3,000

Sub-shares or

3,000

Sub-shares for

one

Certificate of Proprietary Interest.