**OFFICE OF**  **THE ATTORNEY**  **GENERAL OF**  **TEXAS AUSTIN**  **G-GklAfol -apcau.**  **Z**

**honorable** J.eAtMJQrne~ **kitAte TrAAAUl-Al** **’ Austin,**  **Texas**
**Dear hr.**  **James:**

**CAptiOnCd** subfeo n upon **the** AboveAte **Treasurer** er, President, and the Fulbright Btote he following list ot Bl'Uith **A draft**  **iII** TeriIQ bAlAnCecl.duet

160.QQ

**“ AppliCAtiOn**  **TAS** 8mie by the bank to the **state BAllkiIIg**  COnmdssiOn for Approval Of'the dissolution certiPicate which has not yet been passed by the Counnission. The Pulbright State bank therefore retain6 its status **A8** a corporation. 

## 59 ’7honorable Jesse Jazzes - pago 2

*AftQl’ **the bAlAme**  **Of** 3l64.62 **WAS** fOrwarded t0 the 6tAte TreA#uFer **And** depoaitcd in the Dissolution of 8olrent Corporationa Fund ho. 31, urury Guest drew **A check**  in the amount of Approxkaatelj $16Q.QQ (which he OlAiM9d aa bAlAAOe due air), on the 

### FUlbPighht state **Pank,** Fulbright, TQXAS, which **WA@** paid 

### on g+reUQQtAtiOn At 

### thebank. Qr.cirady

&lig ht

now l 

### eek8to

### rwover on behalf of the bank the balanoe shown on our 

### reoemlsAS 

### belongingtoDruryOueat **in** the amount of $160.99,
#Ue respeotfully **ask** yeur oplnioa on the follorfng questtemst


### "1. 

### Shouldtheentireamount

### deposited by theDulbright State J&u& 

### beceturnedto them 8inOe it 

### retains **its** 8tAtUS **A6 A**  OOrpOrAtiOQt
'2. Qr &ould **the bAlAmA**  **renuin in**  with the $14.669.67 comprising the **DiSSOlUtiOll** Of 8OlVelSt COrpOl’AtiQM 

### F'UQd YO. 

### 81,Of

### which itis **A part,**  **if wune**  **is transmItted**  **to** 

### thestate YankingCaPui88Lont

c3. 

### Or shouldthelWbri@t State **BAQk** 

### be **reimbursed** 

### by theState **Treasur** 

### er 

### f'rom

Ruad So.31upan ertablishing Claim to the **aooeunt of**  **Dmary Gueatt** *

**For** oonvenienee **PAke** wewill answer your quemtions in the erder otated 

### byyau.

1. no. Article **640 of**  **the nevim6d**  **civil** Statutes **contains** the following,

Within lix months after the filing of **SUCh** Oel'tffiOAte, the cOrpOrAtiOn SbAll ,,AJ 011 funds due depoeitors **And** ereditors **whom they**  **can diaawm**  **and rho**  claimed the moneysbmorable **Jesoe James**  - page 3

due themr And upon the exflration of said ala **months, it**  shall **be** 

### theduty 

### of the oorporation to make from the books of said corporation, certified by the President **and** Seoretary, of **the** .names of all depoait

### oraand crt?ditOrs rho have not claimed or hAVe not rewired the balanoe8 to their oredit 

### ordue them reApeetlvel7, **and** to file the same with the State Treasurer And to pay to the naid State Treasurer all Auoh unclaimed deposits, moneys **and** oredit. far the uae And benefit of euoh depositora a&xl ermiitore. The Poord of Directors shall then divide the OApitAl atook, **@lAPAlIt** And indemnit7 fund **and** all other **Amete** or the proceeds thereof asumg the stockholders rAtAbl7i **Alli** the board **Of DireAtorA**  shall thereupon file in the offioe of the Danking Gonauisaioner A eertifioate surrendering the **eOrpOrAte** frAnohime.*

**As we**  **are advidn~;**  **you in**  **Opinion Ho.**  **O-67%0** this da7, upon the making of auah deposit with the State Treasurer, there ie erected A statutory trust in favor of @maah depoaitora **And** oreditoren theroln named. This truet ia complete when nuch pa7ment **bA8** been nade to the State heamurer, **and** it **OAn Only**  be disoharged b7 **a** 

### payment thereof to auoh depoeitor or 

### creditor or hia dul7 authorioed uaipa, **suooesaor** or legal repi-eaentatite.

The payment to 

### hr. Guest by the 

### Fulbright State &ank, after the item had been deposited rith the State Treasurer; **AS** ohOWn b7 JOU, of aourae, WAS not the **PAY Yent**  **out** of the **Treasury truet**  deposit.

Yeither is hr. Sight, **Cashier** of the Tulbrlght State **bank, in**  **A** position to demand reimbursement for this payment from the fund in 7our hando. So that, 7ou Are 

### not AuthOrized to pay hF. Aightre demand therefor.

**2.** Thie que8tion I.0

### anorerefl **in our**  Opinfon ***O. O-5729**  **this day**  **remkW?d to**  

### you.MOnAX’AblA **Jesce Julie6**  **- pg;e**  **4**

This 

### questioni* **m8wwed** 

### Inour **mower** 

### togeetion We. 1aboth.