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<p>OFFICE OF THE ATTORNEY GENERAL OF TEXAS 
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<p>AUSTIN </p>
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<div class="ocr">Ronerable dno. GQ. ucAdams - page 2

*g, lhlisher's certificate of notices
ey, Final diesclution certificate.

“uany of our Gtato banks have been in Liguida-
tion for « od of yoars, but as indicated shove
have not foilowed the statu ecdaure 1
towards final disselution of corporate fran-
ehies, and in cany, many causes it ia imposible
eer the procedure hereinabove eutlined te be follow

*xt han occurred to us, therefore, that a plen
should he instituted that will enable banking inati-
tutions that have distributed all sasota of every
nature wel kind te their sharechelders and dis
all liabilities of every nature and kind, te file an
affidewit ta that effect ani such afftiaarit usal ss
& basis to chtain judicial doerce forfeiting er can-
eolling the individual tbank*ts right to do tusiness.
it is our thought that wo conld obtain in many, many
Gases an affidavit af the nature nentionad ashore,
which wo woulé like to trazmedlt te you with the ra-

*#a feel that it ie f important that hanks
that have no assets of 1iabi sae ieee eral fren

Csin from then tio nogesserr aftiaerdt, to eapport
your petition to the Court, and/er suit te cancel
the charters of the banks duvolved,*

arthole 4408, of tha Keviesd Civil statutes,
aathoriaes the Attorney General te institate

for judicial forfeiture ef charters cf wheter corp CHR »

ted grounia fer uch

Banyora progetdure ara vena noneparPorme
arco of ite charter conditions fer any violation of Lts ehar-
tar, or ony Oak oe Tiuate A ners forfeit~

ing ite
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<div class="ocr">Heporable duc. Q. Keddams « page 9

This statute, We think, fe suftieiont te anther
ice suite in cases auch as you s

Ujen roeeipt ef eufficient data with respect te
euch instances of forfeiture through nomuser, tiie De
went will take such steps as te it sears advicabie in
particular cased.

ATTORNZX GHISRAL OF

glast ASSISTANT
HYTOPREY GESERSE hy

abet er TM~
Oboe

APPRAVED>

: CFINION
/ COMMITTEE

1
SEY

BL

—_—_—e.
“ CKAIRMAN [4

f
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