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

**GROVER SELLERS**  **AUSTlyl**

Honorable Claud,e Isbell Secretary of State Austin, Texas
Dear SIP: i)pinion ho. o-6375
Re: Under the given facts does

**We** duly received your above matter, said request read

“The Farmers S is an a&cult tion organized Title 93 of the,,

as follows : this corporage In any acor supplies, or in the financing OSthe a6ova enumerated activitxes; or in any one or more of the activities hereIn speclf ied. ’

“fThls corporation shall have and enjoy all of the powers granted by the Cooperative Marketing Act of Texas, as amended, or which maghereafter be amended.’Honorable Claude Isbell, page 2

“OnMarch 17, 1945, the Faneers Supply Company OSHartley, Texas, acting through their attorneys, Undervood, Johnson, Dooley andWilson, of Amarillo, Texas, filed vlth this office a proposed amendment to the charter of the said co-operative vhlch ln part sought to amendthe purpose clause of the said charter so that It vould hereafter be as follovs:

“(The purpose Sor vhloh the said association Is organized Is to engage In anyactivity 3.nconnection vlth the awzwketing or selling of the agricultural products of its members, or vlth the harvesting, preserving, procerslng, packing, storlng, handling, shlpplng, or utilization thereofi or in connection vlth the manufacturing, selling or aupplyLng to its members of machinery, equipment or supplies, or ln the finanoiag of the above enumerated aatlvltles; or in any one or more of the actlvltles spec- .lfied herein;

hall have and ennjoyall f the poverr grant2 :y the Co-operative Hwke& Act of Texas, au amended, or vhlch llay hereafter be amended.’

‘Bnphasls, vhich aontalns thematter added to the purpose clause as It nov exista, is nine.

“OnMarch20, 1945, the office deollned to file thls amendmentdue to the faot that ve could not find ens statutory provialon vhlch vould, in our opinion, authorize a Co-operative Wsrketlng Asroclatlon to engage in the buslness of operating a public, state or federally bonded warehouse.

“OnApril 17th, the above-mentioned law firm, acting by and through R. A. Wilson, vrote urna letter to the effect that our action in declining to file the proposed amendmentwas contrary to the requirements of the State Department of Agriculture, and to the rulings of prior Heads OSthe Charter Dlvlelon of this oSfi.Oe.

“Will you please, therefore, Savor u8with your opinion in regard to the Sollovlng qUe8tlOntI:Honorable Claude Iabell, page 3

“‘Does the Secretary of State have the power and authority, and Is it his duty, to **ap** prove and file a charter for anassociation to be organized under the Co-operative Marketing Aot, vhlch is In all things regular on Its Pace, other than that It has included in its purpose clause the operating andmalntalnlng of a public varehoualng business?

“%uld your answer to the above question be different if the question involved anamendment to an existing charter nether than a nev charter?‘”

As to the rules governing the purposes for which a aorporatlon maybe chartered, there Is laid dovn In 10Ter. Jur., Sea; 32, pp. 624-5, the Solloving:

“In oonnectlon vlth the statement of the purposes of the oorporatlon, the principal proposition Is that the soope of the purposes enumerated in the statutes mustnot be exceeded. Thegeneral authority to incorporate a oorporatlon organized for ‘mutual profit or benefit’ having been repealed, it 1s considered to be the policy of the **Texas** lav to limit the rights of ticorporatlon to the specific purposes authorized by statute.

. .” In the case of Smith et al vs. Uortham, 8eoretary of State, 157 S, W.740, the SupremeCourt had under consideration a case vhere it hadbeen asked to require the Secretary of State to approve the applloatlon for a corporate barter OSthe Dallas Automobile Club Bulldlng Association, and in vhlch It laid down the SollovIng rules:

“Theauthority of this court to oompel by mandamusthe performance by the Secretary of State of an offlclal act exists only ln those instances vhere he Is under a clear legal duty to perform the particular act. Judlolal revision of his action In rejecting a charter of a corporation tendered for approval onaccount of its purpose clause 1s not justlfled unless the purpose namedla clearly authorized by law.‘I TheFarmers Supply Companyof fiartley, Texaa, vas orlginally chartered under Chapter 8, Title 93 of Vernon’s Annotated Civil Statutes, Artlole 5763 of vhloh la ln part a8 SollovsrHonorable Claude Iabell, page 4

“The provisions of the general oorponrtlon laws of thla State, andall pover8 and rights thereunder shall apply to aaaocI8tlona organlaed hemuncor exoept vhen InDconSllct with the provision8 of tkie oiiipter.

. . .._ 10Tex. Jur.P Sec. 32, p. 625, lays downa further rule aa Sollova:(I

. A further rule 18that the filing of a chiariei 8tathg purpores embraced in more than one 8ubdlvlaIon of Article 1302 Is unenthorl8ed. Furthermore, one subdlvlalon away not be ~o~akued to authorize tvo Independent bU8inea808.” In the care of Ramseyet al ~8. Tod, Seoretary OSState, 69 S. **W.** 133, the SupremeCourt van conaldering a petition for a writ of 8wvlamuato compel the Secretary of State to file a charter **under** oerta9.n statutes therein mentioned, ad ln ref ’uring rush petition it vas held as follows:

“Considering the8e provl8Iona together, ve 61%of the opinion thet It vaa the Intention of the legislature to authorlae a aorporatlon to be foamed for any one or more of the purposes aa rpeolfled ln any one of the subdlvlalona, andnot for two **or** more purposes a8 derrignated in tvo or **mor8** 8ubdlvlalona. Section 4 throva no light upon the querrtlon, As to this mtter, langu8ge could hardly have been earployed vhloh would have been more indeflnlte. Thevorde ‘private corporations maybe created l a a for the purposes l l l mentioned In the follovlng 8ectlona.’ lpeymeanliterally that a' oorporatlon nay be formed for one of the purpo8e8 only, or for any one or more of the purposea, or for all of the purposes mentioned In the aeotlon. So the language ln section 5, *the purposes for vhlch corporationa * l l mayba famed are, * la equal1 indeterminate, 3: But vhen ve someto conalder he requirements aa to the aontenta of the charter aaprescribed in ‘section 6, **the** leglalatlve intent becomes moreapparent. Oneof these la that the charter must state ‘the purporel Sor vhloh the corporation ‘la Sorawd’

. For bhe reason that if it hadbeen intended that a corporation might be created for two or more of the purpoeea apecifled fn the preceding aectlon, it voul,d hove been appropriate to have said ‘the purpose or purposes for which it is formed’
, the We of the vord ‘purpose’ ln the singular number tend8 strongly to show that It w&athe Intention of the legislature toHonowble Claude Isbell, peg. 5

authorize the oreetlon of a corporation for only one pwo80, or for two or mom of the purposes mentioned In pne 8ubdlvl.ai.on. It mnty be true that the use of the:slnguler numbermsxnot be conclusive of the quertion, and thet, if there were other provl8ions ln the act vhlch, either by express declaration or clear lmpllcatlon, indicate that it wasintended to authorize an lucorporatlon for tvo or aore of the deelgmted purpo~ea, vhether ln the samesubdlvlrlon or not, ve should 80hold. Butnoprovlalon8 ln the act vhlah shov 8atlrfactorlly 8uChintention have been pointed out, nor have ve found say. Onthe aon**trary,** the **8tl ’** **UCtUlW** Ofsection 5 tends to shov that it **vO8** Only **On0 piWpO80**  thEt **wP8** t0 be mentioned in the charter. If 8uch **VII8** not the intention, vhr did the lOgi8htUYO **8pW3if-7** each purpQ80 ln a 8eptW'Ate **8ubdlvl8lon** of the rection, end numberthen from 1 t0 27, **8UCCe88iVelp? It**  **18 Et**  **hMA8t 8UggO8tiVO**  **that** Jvo purpo8e8, whennot embraced in the 8-0 8ubdlvldon, vere not to be oonjolned ln 8 charter, but that they vere to be 8evered, 8nd one alone adopted. "Further, in thl8 connection it 18to be noted that ve are not dealing vlth a h8tlly prepared leg**i8btiVe** enMtIWnt. Unlike UBnJOthers, the 8tstUte under **COn8trWtiWI 18**  comprehen8lve in lte 8OOpe, **elaborate** In Its detailr, andbear8 evldenae upon it8 face tht It **v&8** thoroughly **aOn8idemd and**  carefully prepered br a perron or per8on8 lemned In the la!?. In such a 8tatute the de8ignatlon of the **purpo8er** for vhlch corporation8 vere authorlsed to be created in numbered 8UbdlVl8lOA8, together with the provl8ion8 that the charter rhould ret forth 'the purpore for vhlch It **18** foamed', ought, In the absence of **pro** vision8 lndicatlng a different intent, to be deemed to show that the leglrlature had in mindthe creation of a corporation for Oneof the pUrpo8e Or **pUPpOSe** npeclfied in one **aubdlvlsi~n only.'** 

**In the**  **oa8e of**  **bObII8tOn et**  al **~8.** Townaend, hx?etary of **State, 124**  3. U. 417, the SupremeCourt va8 con8idering 8a application for a nmndamwto compel the Secretary of State to file a 

### chart& of lncorporatlon, which he r&U8Od to do on the ground that it **m8** for the fOl'S@tiOUcf (BCO~OFetiOn fOI' **tV0 puIpO888,**  vhlch, he contended, **could** not be combined ln one charter. The contention wasal80 n&de that the court had held in caee of &%&8eyv8. Tad, dupra, that charter8 are authorl8ed vlthout llml- . tatloti for all the purporea mtmtloned $nany one rubdlvislon Ofthe 8tatUte. In refusing satd application, the court hem a8 follovsrHcnorable Claude **18bel1, page**  6

'A charter murt rpecify the purpo8e for which the cOrpom%tlon 18 to be creeted, Thi8 rhould be done with aufflclent clearne88 to enable the Setrotary Of Stat0 t0 800that the purpore 8peCiflOd 18 one provided for by the statute, and to define vith 8omeCertainty the rcope Ofthe bU8inO88 or undertaking to be pur8ued. 'Phecharter tendered **in th18**  **Ca8e 18**  **80** &BSlOl'8land illdOfinitO in it8 l.SngUagethat while it night apply t0 one **bU8inO88,** ruoh a8 ve heve Iuentloned, ocn818tlng of both mmufacturing snd la%nlng, with the pUrch880and 8ale OfgOOd8, etc., u8ed for it, it 8&ght al80 be taken t0 authorize the tXWi6aCtiOn Of **tV0 bll8blO8808,**  **one** of wmufecturlng 8&danother of lplnlng, vlth the further pover of purcbaee and sale incident to each, An3It appear8 to be the pUrpO80of the relator8 to use the **charter for**  the carrying on **of** vhat ve re**gard aa**  **WC di8tiLCt**  bU8lIlO68Oe. WOlpaylook to **thi8 a8**  **illu8tnAtiVe** of the capacitier for u8e of that which it 18 8ought to have the re8pondent file, although Vedonot think that **QUO8titXI8 a8**  whatary be **done** amdera **charter** ordlnarlly mire whenit **18 pFOpC8ed**  **to have**  **one** filed. It **18** proper and hportent to 888 that the purpo8e of a charter **I.8 80**  expreaaed a8 to carry out the intention **of** the LegiaZature lu making that requirementi for it 18by a compllanoe vlth It that the public, a@ veil a8 those **speolally** intOla8tOd in corpomtiorm, are to be protooted agaln8t the a88urptlon 

### ofpaver8 not g-ted. It appear8 from the petition that the relator8 whoare 0180 the propo8ed **corpoMtor8** have heretofore sated a8 partner8 in mln~ **for** 011, g&8, andvater, **and huve**  **manufsatured** their ovn tool8 and **equipment** anddevice8 ured **ln that**  bU8inO88, and have Invented and received patent8 on 8omevhtch vere nev. Theyhave been able to wmufecture mor8 of the80 than they have needed in dolug their elm **vork,** and have been engaged in rolling then, and the mtlsufacturlug bu8lnen8 vhlch they virh to incorporate **18** thet of **m&king**there **toolr,** device8, etc., for sale to other8. Suohmanufacturing ha8 heretofore been a part of the buelner~ which, a8 lndlvldual8, they hada right to conduct, but it by no moan8follcvs that it vlth 811 else that lrpropored for the corporation Is only one bU8inO88Of @iFnLng

**and** msnufacturlng 8uch aa one corporation **map** follov. It 8OOlU8 phin tb8t the bU8ine88 Qf memufacturing for 8ale, toola, etc., for mlnlng ..

## I lsublo Claude 18bOli, page 7

Is a8 di8tlact iroll the burrin 

### ofala&g as the bwlne88 of rsnUfacturlag for eale faming lmplemat8 **would** be from f&Rlag. Ia **order** to hold thet the 8LStutO allW8 the inCOrpomtiAg for tvo 8Uch puPpOse8, Ye rhould have to hold that It authorlse8 the incorporatioa of oae corprry for dl8tinct burla08808 of BUlufacturing 8ad mlain& vhlah a8ve have elrUdy 86id, I8not true. And, a8 the oherter offered can be titerpreted a8 **meaning and**  **18 intended**  to meanthat It aUthOrifiO8 the punult of both bus;- aO8808, **Ve** think **the** m8pOAdOathad the right 

### under the lav to refu8e 

### tofile It until the doubt a8 to It8 8cope 8hould be removed by 8more rpeolflc 8tatement of the purpo80. "As ve have before lndloated, relator8 npl 0118CSlO

O~l'O88iOA8 in th0 OpiAiOAin h8UOJ t. 406 for their contention that ahiwter8 am autherlsed vlthout limlktlon for all the purporer mentioned in Uy OAO**8UbdiVi8itXl** Ofthe 8trtUtO. Vht VI8 l’O611~held VI8 **tht the**  **8UbdiViS10?4 Of**  **the 8ktUtO**  8hoved tb~ hgi8htiVO intOAt th&t them 8hould be no UAitiAg Of p~O808 -tiOllOd in dif?OlWLt rubdlvi8ion8, although related to uoh other, and cnly those mentioned la the ume rubdlrleion vow capable of 

### bol.aajolaed 

### Inonedarter. It 

### certalaly nr not MUlt tht 611 OfthO8eRellticWd la SnJ 8Ubdivl81on owld be united ln l vox7 c-8~0,regmdlerr of the v&r ln vhlch they might be **related** to **or** connected vlth each other. It will be 

### seen tint the 

### effort la that 0888 Va8 to inCCl'pOIWLt0 bUdJles808 vhiah would have hada clore aad rytur81 ccnnectlcn vlth each other, viz. : (1) “phmpUl'Oh680 6lld 8810 OfgOOd8, v*re8 aad merchend180, andagricultural 8ad 

### farm productr'j **and (2)**  *the accumulation and lorn of ’ money la carrying out 8eid purpo80~. It thU8ap**pears** that the latter purpore **vould hve**  been vholly dependent on the remlt8 of the fimt. m holding Ye8 th&t beCiBU80 Ofthe f4bCttbati the80 pUFpO808 vere treated ba the rktute a8 eepsrate they could not be medeone a8 rought, notvltkmtandlns the depeadonce of one upon the other. With thl8 In mind, it 18 Oa8pto undemstaad **Vht V68**  uld 86 t0 thO80purpc8er mentloaed together ia the 8Ubdlvl8lc~8. They vere treated br the 8tat~te lt8elf a8 If the7 oould be United aad hence they nuybej but thl.8 doe8 not meanthat theJ lnult be held in every in8tanae to otmstitute 'a bu8iAO88' the traA86OtiCU#**Of** vhlch 18 'the **pUrpO8e ’**  of the lnoorporatlon, although wholly

### 775

Eoaonble Clmxle 18bel1, page 8

dlrtinct SrOm8ad unrelated to eeoh other. The court ln l?am8eyv. Tad bad no occarloa to determlae the OOAditiOA808sentiel to lmorpontlng vhen caly thO80fib-8 mentloaed la a rlngle 8ubdl*l8lon vere la que8tlon. Wehave endeavored to 8hov hov mining andM!aUfaCtUring 816~be combined wader rubdivl8lon 14and M8trlct out 4eal8lcn 

## totbnt."


### Vaderthe above vell-defined rule8, lt 18our oplaloa that 

### authority

for the filing of the propored amea&ent to $he charter of the l&mer8 Supply C be found 

### actorChaptir 8, Title= of Ehrtley, T-8, rout

. A. C. 8.. or It vi11 hve to be refu8ed.

Thedeclaxud policy of the St8te 3.nreg8rd to oo-opemtlve nrketiag 688OCirtiOA8 **6UthOriSOd** br WptOr 8, ‘Lit1093, 18 8Ot forth in Artlole 5737 in the follwlng lmgusget

'In order to promote, Sorter and enooumge the lntelllgeat and orderly biting or ag~loultwal produat8 through oo-operation uui tol l%mQnte 8peoulatloa andvi8teJ and to makethe dl8tributloa 0 f **agrioultursl pr0duot8**  a8 **dlreot 88~** **aan be**  effi0.mtly doae between producer uul coaeumer~ aad to 8teblllse the 

### marketproblear of agrlaultural prod**UCt8, th%8**  hV **18 F4i88ed.** **”**
**&tiOle** 5780 **Of** aald **8ktUt0,** a8 **ammded, ACt8**  **1943,** ..48th kg., p. 601, t!bap. 346, vhich **ret8** forth **the pUrpo808**  

### for vhlch 8uch an eb88Ocietion My be **orgaalsed,** mibd8a8 fOllOV81

'&l~800i6tiOSl~~ tMJ OP@AiUd t0 O-0 ill m activity ln connection with 

## theproductian, cultivation and cme o?

## citrusgrove8 or tha rrkotlag Or 8Oiih.g Of 6gSiO~b~6i **prodUOtS** 6Ad Cl$lvr **?FUitS** prc&qed by end aarketed for It8 

### melben),or in the hrVOstiag, 9m8emb& drylng,pmOO88ing, wins, 8torlng, handling, 8hlpplng 

### orutillsatloa thereof, or the mamfaaturlng OFmarketlag Of the by-product8 thereof) or in commotion with the mmwfacturing, 8elllng or ruppl7ing to It8 

### member8of rahlneq, equipment or rupplie8; or in the fiWAc* of the above-eauaembted actlvltle8; or ln any Oneor **more** of the actlvltle8 rpeelfled herein, Provided, hovever, **any** 8uch **aotivitier my**  **e%teUd to**  **AOn** member8and to the production, otitlvatlcn and **ten** of -8 mod or cultlvetrd by themand their prod; uct8 limited 

### byArtlole 5~38 a8 heretofore amended.Honorable Claude 18bel1, page 9

Article 5738 of rsld rhtute8, vNuh llalt8 ths provl8lon8 Of&tiOlO 5740, **18** 68 fOllOV8:

"(8) The term oagrlCultural prOdUCt8' rhall Inolude horticultural, vltlCultun& forentry, dairy, ~~u~E~~'tbP~~~~;,":~~r~~~~~~~~~~t*l mO8iber8Of888CCistiOIl8 without Capital 8tOCkand holder8 Of cmon 8tock in688Oui6tiOn8 orgsnlred vlth o&pita1 rtock; (0) the term '888oclatlon' mean8any coTpOr6tioPl orga.a.iaOdunder thir &3t Ora~iy&8SO5%4&- tlon organized **under the**  **oe-operative ourketing**  **aat8** of any other State of the United Stetes; provided, **8UCh** fOXWi&l888OCiatiOA **18 CC8&aC8Od** Of **per8Cll8 On**  gaged in the production of agricultural produotr **as farmers,**  planters, nsaahmen, dairymen, nut 

### orfruit grover8, acting together in a88ocl.atlon8, corporate or othervl8e, with 

### orwithout aspltal stock, in collectively prOce88~, preparing **for nmrket,**  handling andmarketing in 

### lnter8tete and 

### foreigncQp1111erce, 8uChproduat8 of per8on8, 80engagedi provided, further, that 8uCha88OCiatiOlU 6l'e OpeNXtOdfor the %UtUUl benefit of the member8thereof, 88 8uch producers, and conform to one or both of the follovlng requlrement8: "(1) That nomemberof the 888ooiatlon 18allawed 

### morethan one **VOtS** becruee of **the**amount of 8tCOkor memberrhip capital he umyoVntherein, **or**

**“ (2)**  'Pht the 888ocistion doe8 AOtpay dividend8 on 8toCk or member8hip capital in exce88 of eight per centumper annum,and in any Ca8eto the SolloVing: “(3) That any 888OCirtiOll 8hr11 be pereltted to **deal** in the prodUOt8 OfAOX+Eember8tCanamountnot **greater** ln value than 8uoha8are handled by it **for** it8 me8ber8; and (d) the ten **‘ percrone**  rhall inolude lndivldMl8, fiFI88, partruP8hip8, COzlpOratiOlI8and 888OCiatiOZl8. **A88ociaticn8** orgeal8ed hereuuder **8-11** be deemed non-profit, inrsguoh a8 they ere organized not to makeprofit8 for themslve8, 88 ruch, **or** for their aember8, 88 8Uch, but odq for their Emuben **68** producer8. **‘ phi8**  Aot **8hall** be referred to a8 the 'Co-opexutlve Xsrketlng Act.'"

The powers of assoclatlona Incorporated under thi8 Act am eet forth inArticle 5742 88 **fCllW8l**

### 777

livmrrblv Claude Ivbell, page 10

%wh esroolatlon lncorporeted 

### underthlr Chapter **8h~ll** hvs the following power81

“(a) TotaagageLKI 8x29actlvtty in connectlon with the production, cultivatlou and car6 of citrus
**@ ‘** **VW38** 6l.d the lZS?.rk6t+& **8&13X4& haI** **’ VCstin&**  **pa+- 8erVla&**  dryin& **&O?We8h43,** Cannlmg, **pecking,** rtorln& hnadliag or utlllaetlon of any agricultural prodwtlr produced or dellvmed to it by its wmber8, or the productlo~, umufaoturiag or market% of &he by-pmduct6 thexwfj OFin connection vith the pur**cha8e,** hirlag, OF1180by **it8** membersof auppllesI machinery or squlpmnt; or la the flnanolrq of any **8UCh aCtivit&38;**  **012 in**  **amy Vm8**  **OF D013e**  **Of** the ACtlvlties specified in thisArtlule. ter8 "(b) Tobarrov mone9and makeadvance8 to mvm-

.*(a) 

## Toact as the agent or reprerentatlve of
7 

### member~.mambere 2.asnj of the ebove-meatloaed **60 iVitb8.**  O(d) Topurchaf~9or othervise aoquire, and to hola, ownaud 6xerelae all rS.ghts of owaerahip la, cad to sell, transfer, **or** pledge shmecsrr **of** the capital 8took or boa&gof any corpvrntlcn OFaasoeiPtloa engeged la euy rt&ted sct1vLt.y or ln the handliq or marketim& of eny 08the products handled bg the asooctitloni including the power to eubecrib6, pay for end ownth6 capital Btock of Banks for Coopazrotlves ~organiaed under th6 'Fara &edit **Act** of 1933' ~)a686dby the &~@XWS Ofthe United State8 and a&+ 'c)rovedJune 16, 1933..

“(j?) Tc establish lW8sW-JcvB8 fi.IldtC %nvO8tthr fids thereof **~Ln ’** **bondr** 

### orouoh other property au may ;a provided ln thr by-law. '(f) Tobw, hold nndtx6rcisc all prlvlle(le8 of uvn6rsNp over such r6al 02personal property a8 wy be necessary or convenient for tfio conduetlng am3 cperetlon of any of the bunlmsn OSth6 association or inctdental thertto. *(g) Tcdo each and ovsrything neoeseerp, eultable or propor for the acaaaplis?zmnt Ofany one of the p~oei38 or the attainn6nt of arq oawb or mom of the ObjOut8 heWin cumrated; cr conducive to 0~ezpedlentBonorable Claude Isbell, page 11

for the interest or benefit of the assoaletloq and to aontmat roaordingly~ and in addition to exepalse and posses8 all pavers, rights andprivileges necessary or lnaidental to the purpooes for which the association is **organized** or to the activities l.nvhlah it 1s engaged3 and in addition, any other rights, powers and privileges granted by the laws of this state to ordinary corporations except such as are inconsistent vith the express provlsi&ns of this Act; and to do any auah thlxq anyvhere.

“(h) Toexten$ 1t.eaatlvltles to the products and supplier **of** non-member8 to **an**mount not **greater in**  value tbnn such as are handled by it for its members.” Artlale 5664 of aaaidstatutes defines “warehouseman” as a person lavfully engaged In the business of etoHng goods for pro-t. Article 5568 nets forth the aonditlons **under**vhiah any person, firm, aompeny, or corporation shall be deemedand taken to be public varehousemen, **as** follows:

0
. . l

“Anyperson, firm, aompany, **or** corporetion who shall receive cotton, wheat, rje, omts, ciao, or any kind of produce, vare#, merahandlse, 

### orany personal property in store for hire4 shall be deemed a.ndtaken to be publla warehousemen. Chapter 3, Title 93, authorlses the fomatlon of 8 cooperative aaroalation (Art. 5578), one of the pavers of which is that of a varehousemm, (Art. 5579) and Chapter 4 of said Title authorlses the Issuenae 

### ofvarehoure reaeipts, **Art.** 5561 thereof setting forth whonmybecome a public warehousemanand the requirements thereforj but, 

### underthe rules above laid dovn, the Farmers Supply Companyof Ebrtley, Texas, is not authorized to **take** advantage of such provisions and to emendIts charter thereunder, since it vae **organbed** and **ban**been operating under Chapter 8 of said Title, vhiah is a different law. There **being** no pmwlsion In Chapter 8, Title 93, authorlsing the lssuanas of a charter containing the purpose alause set forth In arid proposed amendment, viz& “provided said assoaiation megfurther conduct a public warehousing business, iacluding warehousing in aompllance vith the app?iaable statutes, state and federal, relative to the&uiorable Claude Isbell, page 12

qonductlng of state or feduwlly bonded warehouses,” It is our opinion that raid proposed aswndmentshould be refused. ThlE would be true without regard to whether the question lwolved an amendmentto sn existing Charter, or 8newcharter.

Trusting this satisfactorllj- sumvera your inquiry, ve remain, Youm very truly, ATToBIwpQEaERaL OFTmA3

BJ z,ti4

J8r. W.Bassett Asslst8nt JUB/JCP