**OFFICE OF**  **THE ATTORNEY**  **GENERAL OF**  **TEXAS AUSTIN** 



### loaorablo Ooorm 1. Ibrppard Compt~ollar of mbllo Aaoouuta Alutlo, Texar

Dwr 8lr1



### firn, or **corpora**
BankM or the 8tats of T0x88, rho purrws ths burlarm 

### of tinding moaoy, puro&rlw ux.arl,s au taklo(l for seaurlt$ 

### for ihi pnynnt Of swh loans andintarert



### thereon anlrslq runt **0r** uagos orassignmat 

### of rqgor vlth ?ovrr oi **Attorney** 

### to ool

### leot the **maam**

or other order for unpaid ohattol mortgage or bill of sala upou household or kitchen fui’olture. ’ ~Emph8sis added)

“OCn”“~~” .-.-,- I

. _^

__ -^I --_..__ ._ --_._-.._..-.. --...._. .._ .-__- ..-_ -.. -..- _..iionorabls Oaorge 1. Slnppard, pago 2

**Thm**

### l mphao1o.d 

### portion **of tb**  

### forogol~ **itatute** 

### voo lnoortod by 

### aa wnduat 

### of the 

### 49th &glaIature, 1945, boio( 

### Choptor 195, Seotlon 1, **Aots** 

### 49th La(;lolaturo, Pam 266, l rfoatlTo not 11, 1915, thuo Ohrrglo((

### the r0rvr 

### doflnltion of a haa broker bt the l ulurioa thorofra of ‘a 

### louIleg Iaotltutloa 

### oubjut to ouporrlolofi 

### o? l 

### zruiaatloa **b** 

### -putmoat of &a&l- of **the** 

### Itats of TOUS. Arttiolo 

### i **the** 

### 169, hod boon 

### oonrtruod prior to 

### ltr emoadmoat la **tho**

bubdlrloloa 

### 48, Artlole lJO2, Ravlood Civil IStatutoo, IO 00 f0110~0$

'To l o omulote

l 

### ad lmd money without bmk11lgor dlooouatl~ prirllrgeo.@’ 8abdivIoloa **19,** Artlola 1308, lo l 

### o lollmor

vor ear oao CPwro of the r0110v1ag glppoooor To **uotmmulote**and 

### leql WWJ, pwohoeo, wll aad deal in **uotoo, boado**  

### end 

### rouritioo **but** 

### without boaklw **oad** dlooountl& privll~~eo~ ia act **00 truotso**  **under** any lawful srpross trust ourimlttod 

### to them 

### by **aoatrut rml**  **am**agent **for the**  porfomanoe of

l ny lawful sot." bubd1r1010n 50, Artiole 1302, 10 00 f011or81 

### @Toouboorlbo for, purohooe, 

### lnrort la, hold, own, 

### l ostgn, pledge aad othervim deal 1~ and dlspose of shares of oapltal l twk, bonds, **mortgogos,** 

### dobontureo, notoo and **other** seourltlos,olllgotlons, oontracts and srldenccs of indebtedness **of foreign**  **or dosestic**  **corporations** sot **competing** with oath other in the same line OS business; provided the 

### potters and authority herein **coafsrred** shall in no vay affect 

# l q provlsloa of the **antl trust**  laws of this State. Article 1gojb, v.fi.c.a.,1325, **(Chapter** 275, Aotr 40th bgislaturr, lYii'7, pago 414) is OS fOllOWSr
***A** 

### prlvatc oorporation ma7 be **formed**iOr aa7 

### one or 8orO of tho f011091llg purpomeo, v1thout banking

or msurowo 

### rlrilops: to l 

### couulato l od lore 

### motmp; to SO P1 end deal in **notes,** bonds and **seourltirsl to**  act as Trustre under 8og lsv**ful** express **trust** committed tf,it by cmtrsct orc 

## 708

Sonoroblo Ooorgo H. 8hoppard, wgo 3

~111, or under l ppolnt8oat OS say 

### moue horing jurlrdlotloa **of the**  **oubjoot** 

### mottor, andso l gant 

### for tho porfomonoo 

### of my 

### lovful mot1 to ouboorlbo for, purohoe, lavoot In, hold, 010, ooalga, pledgo aad 

### othervlw deli la 

### oad dlopooo of ohoroo oi oapiul l tooko, boodo, 

### wrtgagmo, **dobmtroo,** 

### notoo oad other uourltlro or obllw

### tloao, oontruto 

### aad l rldoaooo



### of Iadobtodmooo of forolgn or dmootlo oaporotlono 

### aot empetlng with l

uh 

### othor la tho 

### ouo 111~ of buoInooo~ **to** borrow **BO~UJ**or **loouo doboatwoo**  **for oarryla#**  out 

### onf or 011 **purposes**

### &ova l nworotod. Pro

### vided thbt tho 

### povrr ad authority horalu ooniorrrd 

### -11 010R0 of tho 

### Artiolo love I 

### 10~ no 

### r*r a??eot ur~~o? tho porlanti-trust laro of this l toto.” 

### 152ha, V.A.OA., 1925, IO 1u port 

### 00 folso. 1. This Aot -11 ubruo oorporotlono 

### horotofore 

### oroot~d horlag for 

### tholr purpore or purposes any OFall of the **povoro** 

### nov l uthorloed lo bubdl~lolono 48, 49 or 50 

### of Artlola 1502, Revised Clvll Statutes 

### of %x80, lY25, and 

### herrtoforo 

### or horoaftar 

### croatod harlag la rho18 

### or in 

### port any purpooo 

### or **purpoooo**

### nov outhorlood in Choptrr 275, 

### Sonata El11 gukr 232 of the Oonorol 

### and Spoolal Uro of Uw 

### Rogulor SOSolon of the 40th tiglslaturo.

...

“sea. 2. The Buiklq Coamloslonor of Texas shall examins or cause to be examined such 

### corporations oonuall~ 

### or ofteuer lf hs dsrms it necosoary.
. ..

“sec. 10. Ths provlsloas of this **Act** shall apply to forclga corporations vho have hsretofors been 

### granted permlsslon to do businsss Ln 

### Texas and rho ma7hrrraftsr be granted psrmisslon 

### to do buolnoss ln Tour and having am tholr purposr or 

### purposes soy part OS the provlolons sst out In 

### sootion On8 

### or this Act. ltvor~ forolgn 

### oorporation ha+lng such a permit to **do** buslnsss Ln thls

### Eonarable Oaorge II. Shopped, page 4

Stat. ohall be 

### oubJ.ot to tha l 

### rulaatloo of the Ronking Ca8.loolonor of **Tons** 

### lo **tho** 

### oam **wnner** lad **under** 

### tho oou terms old OODdltlOOO amoxulnotloa of 

### dawotlo ooqmrotIono.

... ’ 

### Bytho tons 

### of the forogolag laglolotlro 

### oruotunto 8nd portloulorl~ tho 1945 anndwnt to 

### &tlola 61654, mupro, both 

### draeotlo mad **forolga** 

### oorporatlooo lnooroporotod 

### uador oubdlrloIono 

### 58, 49 mad50, Artlolo 1302, R.C,b., 1925, and Arttolo 1303, V.A.C.ll., l925, arm sub rot 

## to oxaminotlon by 

### thr Doportwnt 

### of Bmuklag 

### of the i 8 8to of Toxoo, 

### 8nd honoo do not oomevlthln the deflnltlon 

### of loma broker am dofined 

### lo Art1010 6165a, V.&.C.b., 1925.

buoh 

### oorporotlono ora therefora not 

## l ubJoot to oar of tha lava o?toxao 

### govornlng looa brokers 

### md pmtloulmly 

### Artiolo 6169, (aootieao 2 to 8, ma.) V.A.C.~., aad o&bdIrloIon 14, Artlole 7047, ItAb., 1925, madtho 

### oaouor to your qu00t1on 10, “SO.”



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