OFFICE OF THE ATTORNEY GENERAL OF TEXAS AUSnN -O.yuccl ,--

stat6 Board of Eduoatlon Amtin Tan8
Osnt16menI **Att8ntlon t**  **Q6**

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our letter in rhloh you on rai8od bl bh6 r0uari8g
6 St6t6 Board Qr

at par 8& 686l~bd iAt6ZWt, m66timg the bid eertifi6d by th6 dhtrht 68 b6lt@ th6 **b68t** bid l-606iT.d **ror** said bonb6. "?i%l6At&6 boXI&d W6JT6 pr606At6d iOr pOUr Sppro‘rs~, JroUd6OliAOd to 6pprOv6 th6 186UaAU6 Or 8-8 b8oaU86 0r th6 ratlur6 **0r** Ob66SY6AO6 0r 06-h 18 1 rc ~U~6I66Utll iA OOAll6~tiOn With th6 YOtiAg Q th6 b0Ad8.StOt6 BCmd Or XdUOetlOn, p6g6 #g

"i'h6r6Stteranother ei6CtiOA uat held in th6 district and tha bondsw6r6 voted in oompiia&C6 With i6gEi r6qUlr6tR6Ats. "The

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## district again took bids OR the bonds efter th6 86OOAd eleotlon, EiAd obtalrcd 6 bid iOr **ths** bOAds b6lOw Z$$ lAt6r6at. Tha Bserd CiEducation b6lI6V6s that th6 Stat6 1s 6Atlti6d t0 the bonds Under the &~&a86 6gT66- Zl6Atcoriouclrstad by its **order** of pUrObaO6 OA July e, and that the district Isbound to Aellrer to the Stat6 Permanent S&o01 Fund at par and P8orU6& lntsrcst S end t$$ bonds as d6aoTlbad sbaoe.?
YCU.Tquestion being -whetbr the said Corptu Chrlstl Junior COil6g6 DlZtrlCt 13nCiwobllgtted and bound to A6llr6r to the State 0i Texss, r0r end ;n

## bshelror tha Perman6nt Sohool Tund, 1ts S end 2% bc=de eepr Its ofierine eoC6pt6d by th6 Boer&fOA July 2, 1940.

It **s6bmS** Cl6Sr rTOIUthe rSCts .St&it6d 1A TOUT i6tt6T th0t the bonds lsclll-J



## crreredr0r 9616 prior to approval by thle ~dsp~rtment asrequired byArticle 2788,Varnon*a Annotated civil statutes. iirtlcle281511,Section 7, ea smmded, proyldes thfatbonds Or ,funiOTcOilag6 Dletrlcts s?Mmi b6 leemA 1Aaocordence with the ProTlSlOns 31the ~6A6Tal **lsW gOVsrning**  the 1ssU6nC6 Of bGAds by independent eahool distrlota. Artlalas 2786 and 2702,a8 amendab, prescribe themanaar inwhich bonds shell be Iseuedby independent school dlatrlcta. Article 2728, as amended, r6eda, Inpsrt, as follows:

'??&A saidbondshsriibeen au_lsappTOv6d

sEZ5Soc:,tlnusin the ttsostrol or s&Id Board and ~611 be eoldb- nsld Eofirdror oash inwhole o~I~~cels."~raoorIog The Board r6ierredto in this qUOtatlOA me6A0 th6 Board orTrusts68 0r the cchooldlstrlct. It 0aIIb6 reirly lmpll6A her9 thet the bonds mst be approved and r6glrtsrad
I prior to sale thereof. Ifso, itmist roil0w that th6 &wOhaS6 agT66A6At 6nterad iAt by tbZ State Board OfEdUoatlOA and th6

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stat6 ~06d or Eduoation, p6g6 #s

Corpus Chrletl Junior Colleg6 Dldrlot July 2, 1.040,~616 oontlngsnt upon 8uoh bond6 being approv6d by the Attorn6l **~~NJM~** EiAdr6gi8t6md bp tb6 cOBIptm116r Of FUbli.6AO6ount8, although this aontlngenay rsa not 6Xpr6886d in tha luld ap66Zi6At.

2Ub66qU6nt t0 Jtiy 2, lW0, pW8tAant t0 8tatUt6, th6 tr6n6Oript Of prO666d;lng8OOV6ring th6 authorization Of thi6 iSsU6 of bond8 l8a86UbmlttOd to the AttorA6r bA6ral for 6ppiVVal, and in th6 OOUl'86Of th6 6X6SllAatfOAOf 6u6h transorlpt it was Aet6rmln6A that the C&6UtiOU Oti16d for th6 purp066 Of authorl%lng sU6h bond6 MB 1116@1~ hdld, 6nA **~68,** ther6fore, disapproved. Itwas our oplnlon that **th6** 616atiOA prooe6dlngs **W6r6 Void**  and **W6M tOtdlly**  **in6rr60-** tual for any purpos6. **H0AO6,** W6 mU8t OOAolud6 that. th6 bonda, tilah the Board of Eduoatlon attempted to pllrOha86,n6v6r, in YXot, 6Xist6d, and thepurehaa6 a@66Sl6At of July 2, 1940, la or no furthar roros and 6rr6Ct.

%e do Aot belier6 that the aOtlou OS the Board Oi EdUOatlon could inamee ba oonstru6d to OOmp61 th6 **0OrpI.M** Chrlatl Junior Colleg6 Dlstrlot to vote, lam16 and Aellv6r bond8 of **th6** d6soription S6t forth in the purportsA purOhaB6 agre6iul6ntorJuly 2, 1940. AooorQlngly we ar6 or th6 oplnlon that,the Corpus Christ1 Junior College Dlstrlot 1s not obllgated to Aallvsr bands of any daaorlptlon to th6 Board of Eduoetlon pursuant to suoh purported pUrOh686 6gr66ment.

We 00AalUd6 rroznthe raats above atat6A that th6 Junior College Dlstrlat has vot6A anothsr issue or bond8 in the amount of@iOO,OOO b6arlng a Alfi6rent aAd leeaar rat6 Or int6rest, and that imahbOAA8 SBtIW6 upon a ball18Alff6rent rrom that Aeecrlb6A in the purohase agmamsnt **or** Sulg 2, 1940. xanlrestly, this 1s not th6 aam6 issue or bond6 and w6 think thatunder the law the Junior College Dlstrlot must

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State Board of Fduoatlon, page #4

prooead in theearn manner to ml1 the bond6 now autborlzod as was undertaken in the male of the bond8 de8orlbod in tba pm-obese agreement entered into by the Board of E&uoatfon on July 2, 1940.

Trust lag that the rorogoing full5 amwers your inquiry, we are Your8 very truly ATroRmY c- OFTEXAS

ozc-8

APPROVEDOCT 22, 1940

ATTORNEY GENtiRALOFTEXAS