Michael Bell
By Duable
James Michael Bell, Sr. – Texas Attorney ProfileJames Michael Bell, Sr. was born, a long time ago, far out on the windy, hot, dusty, sometimes cold (but always windy), flat, sun-blasted plains of West Texas in the middle-sized town of Odessa, in the heart of the Permian Basin, a large area of oil & gas development and production stretching into New Mexico as well. His parents were from that region, too, having grown up in a small town southwest of Odessa called Fort Stockton. Mike spent his youth exploring and wandering around the wilds of West Texas looking for Pecos Bill. Mike starting working early, first doing yards in rapidly growing Odessa, then as the first employee for a start-up pest control business, then for a lumber yard and finally as a roustabout and roughneck in the oil fields and on the drilling rigs surrounding Odessa. When it came time, he went off to school in Cambridge, Massachusetts, to the Massachusetts Institute of Technology, next door to a little school called Harvard (never having been further east than Dallas). After a brief stint at MIT, Mike returned to Texas to go to Law School at The University of Texas in Austin. During his college days, he took a year off from university to go to Alaska and work as a roughneck on a brand-new drilling rig purchased and built for the newly-opening Alaska oilfields. He spent a great year there in the far Northwest! | ||||
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Mike found himself doing a lot of work for Mr. Johnny Cox in the area of land titles for oil & gas companies. This was fascinating work – like assembling a jigsaw puzzle of the history of Texas land, all the way back to the beginnings of Texas under the Spanish Crown. Mike also helped another partner in his work in Wills & Estates, including helping try a will contest or two during the early years of his practice. At some point he started doing the work of legally “vetting” corporate finance deals done by a local NYSE-member firm. This led to being offered the position of in-house general counsel for that company. He found himself doing more business work than law work over the next several years. While this was happening Mike met a very wealthy family in San Antonio that had a family investment company here. Eventually they offered him a position with them, managing and growing a portfolio of small, entrepreneurial companies and projects in which they had invested. He handled this for the family for several years, quite successfully, and eventually, with the support and participation of that family to the extent of putting up ten percent of the capital he raised, Mike left them and formed his own management firm for a partnership of venture capital. He proceeded to call on institutional investors, corporate funds and endowments and wealthy families around the country, shortly succeeding in attracting investment from a stellar group of blue chip institutions, including the endowments of Harvard, Yale, MIT, Cornell, Stanford, Harvey Mudd and Washington University in St. Louis; insurance companies John Hancock and Aetna; companies like Weyerhauser, Tenneco, AMP, USAA and Timken; and wealthy families such as Kerr of Oklahoma, Keck of California, Johnson of Texas and the original family in San Antonio, the Hixons. Mike managed these funds and more as time went on, investing in companies, when quite young and small, like Apple Computer and Dell Computer. This activity went on quite successfully for about twenty years from the time the funds were formed. Eventually, these funds were fully invested, matured and realized upon by liquidation and then the partnerships distributed and dissolved. Mike retired. After a fairly short period of retirement, a close friend asked Mike to do some legal work for him, leading to representing him and his branch of the family in a lawsuit that had to be filed to cause a large estate to be wound up and distributed. This brought Mike back into the practice of law. He remembered that he liked it… and was good at it! Shortly thereafter, Mike found himself here with this young group of attorneys who needed the seasoning and wisdom of a grey-headed old guy. The rest is history! |