**OFFICE OF**  **THE ATTORNEY**  **GENERAL OF**  **TEXAS AUSTIN** 
**GROVER SELLERS**  **ATTOIINCI GENERAL** 

**Beaerablc** J. C. 8.0 **Criminal** Di**atrist bt** **tornry B818rm**  **co\lntt Cord**  aab8, **?a888**



## tobebnrrored.

ontention haa been Our State Statute8 **hoal Borrd**  where **a** member **of the** 

**alo** la the Sahool Trotcurer for uyrt 31, 1946, and although Mr. dual, be IIIat the same time Aathe bank from **rhon a**  **loan la**  be-

“I would apprsolate an **npiaion from**  **you as**  **to wbrthsr**  

### or **not the**  **sabool board**  **is** l **vthoriaed** and **ompawered ta**  borrow **money Worn** a **bank whore**  **a maw**  **bar** of **muob rahool**  board 18 8180 a direator in **the** Bank where tbe **money**in sought to **be** borro8ed~g

**You apt**  **rcsFectfu!?y** ndllaad **thi!t the**  **Schnal** Boerd is not euthorlzec! to bnrrm mono7 from a bank **where a** member **of nuah**  **g&o01 Poord**  **fs rlcrr,**  **F**dSroctor **in** t.he ban:; Croa: rl.i.& the money is roupht t.ohc lwrrored.**.**

**lonarable** J. C. nos - PagO2

It IS amold amthe **common Law** that a pub110 oPflolal uy **not in**  bir effialal oapaoitj **make**a aontraot In **whioh ha**  **18** paevaiarll~ intweeted. 1736. Willi8tnn an Cnntraotm, **Vol.** 6, 800.

lot only **did** Texas adopt the COmon Lawamtbs rvle et **&eoialon as**  

### early aa **1840, bvt**  **the foregoing**  **principle ham** been **eonaiatantl~ affirmed**  ***herever the**  **question hae**  **arimen.**

**Such a**  **holding wea** made **in !J** **’ lanikin**  **v.** Fokea, 16 tax. 160, wherein **the first**  6vpreme Court of Texas held that a aommissioner of **tha** GoVernmeat to sell land aovld not wake ‘a oontreat **rhioh would**  **g:ire him**  **an Interest**  **in an**  **official** act to be **done by**  **him, ”**  **uyiag that**  **Nab** round moral ity

l m ‘rovld be **repugnant.** to IlwAndy

**In City**  **of Edinbarg**  **v.** Ellis, 69 9. m. (2) 99, JvdC;a **sharp of**  the **Commlaaion** aaId

*It la tho genaral **rule tba** **t** mvalcipal contracts **in which**  **offleers or**  **employees of**  **the aity**  **hara a**  **personal** pecuniary **Interest** l**ro** void. **44** C. J. pp. 69-M; 6R.C.L., pp. 739-740. l l l



### ‘Theforegoing rule rests upon mound public policy. Its **objeot 1s**  **to** 

### lnnura **to the**  **city etrlat**  fIdelit **upon the**  

### part **ot those**  **rho represent**  It **and manage**  **Its afialra.**  The rvle prohibiting pvblia officers from heing lntereetod in ~ubllc con**treats should**  

### be **scrvpvlnnsty enforce3.** **’**

In an opinion dated September In, 1829, addressed to Honorable I?.Il. II. Marra**, Et8te**  **Evparlntendent oi**  Public ID**ntruction, this**  **department** adrlsed **t.hat the**  direotor of a corporation **mwrin& aa**  **depositary or**  **treanvrer** of an Independent school 4lstrict would **be** ineligible f ’or appointment and qvmlifiaation aa a trustee of tbe sohool dintrlct. This opinion was **followed** by **this** department in 0pinion No. 0-5158 holdjnc **the sme**  **thinu. There**  **are other**  opinions oi **thfs** department to **the name** **effect.**The same rlee that entorr into a contract of deposit by a public board or offloar **with a** bank or institution in **which he** ~PIIa pecuniary Interest inheros in a contract of lo&n. Adeposl t.Is la **oosonoe** a loan by **the** depouitor to **the** denoaltee bank. **The sum** deposited becomea **the property**  **or t,ho**  **hank** and **the** bank a **debtor to**  **the depositor**  **therefor.**

## 357
Bonorrbl e J. 0. 

### Roe - paga 3

It la aot a qvoatloa whether the pertioular omtraot thus forbidden is bvrt?vl. It might, on **the** contrary, he mtval1~hanailelalr but tbo law will not permit an lnqulr7 jnto tba ratus aonasqvenoeo nf tba tranuatlon~ It ie contrary to aovnd pobli0 polioy.