OFFICE OF THE AlTORNEY GENERAL OF TEXAS 

AUSTIN 

Hollorablb n%Id a. Branaon 

Banking Oommiealoner 

Austin, Texas 

Dear Sir: 

O&raioaer shall 

‘Few eaah oharter, mmantlaent or snpplement thersto, af a bank or bank and trust 

oo~~eny a rsi OP iiity dollers shall be pnid 

when said aharber is ill&l, md it the authorized eapitrl etoak d suoh eorporatloa emtoeeas 
Honorable Fred U. &an#on, Page 8 

ten thowaha aollar8, it #hall be roqulrea 

to pay en aaaltlonal fee of ten dollar8 

for rush additional ten thousand dollare of 

ltrr authorlrcrd aapltal hook or fraotlonal 

part thereof.after the flrut, prorlaea 8ubh 

foe &all not emeed twenty-five hundred 

dollar8 .* 

The PreOlae quemtlon precienfed by you ha4 not 

been deolded but a reri~ aimllar fee statute has been eonatrued by the Bupreme Oourt, and the holUng in that ease 

le det6nninaflve of the qu4stlon presented by you. 

In St. Lou18 9. tff. Ry. Co. of Tmas, P. Tot%, 

Seorstary of Stats, 64 8. W. 718, Ohlef Jwtlae Oainee 

0onstrued Artlole a439 of the statute whloh provldedr 

*The reoretarp 0r atate, beside8 other 

fees that map be presoribed by law, la authorlesd and required to oharge for the use of the 

8tete the following fee@: 

For each and every aharter, amendment or 

supplement thereto of a private oorporatlo 

oreatea for the purpose of operating or 

oon#Wuotl..ng a railroad, magnet18 telegraph 

line, or rtrert railway, Or espre88 oompany, 

authorlnea or required by law to be reoordea In raid aepartment, a far of one hundred 

aollara, to be paid when eald charter is 

fii0aa provlaea, that if the authorlke~ 

aapltal stoak of sala aorporatlon shall 

exceed one handred thousand dollars, it 

shall be re uired to pay an addltlOmd fee 

OS twenty- flv o a0Uar.e for aaah one hundred 

thowand dollars authorized oapltal’&oek 

or fraetlanal part thereof, after the first.” 

The Bhisf Justdoe mentioned the possible oonstruatlon of the Artiale but oonoluded aa followa: 

“We oonolude that the only reasonable ooxmtruotlon of the rtatuts In question 

1s that when an amendment to a ahartsr le 

filed, if there be an lnoreaae of tha oapltal 

stook by an amOunt wer $lOO,OOO, then the adtlltlonal fare la ohargeable upon the.exeess of 

sueh lnoreare over the amount named, but that, 

if the nmen&aent d,oea not authorize an ln- 
Honorable fred 0. Bramon, Page 3 

oreaae of #took, then the fixed fee of $100 

only shoulb be aharged for it.8 filing.' 

Applylug the aeolslon to your bane, it would 

follow, that in all offs08 of amendment8 of a bank’s 

charter, which doer not inrolre an inoreasc of the oapltal 

fzto$the fixed fee of ,$SOO rhould be oharged and oolff, however, the amendment involves an inoreaae 

of the*oapltal atook, then in addition to the fixed fee 

of $50.00 there should be ohareed and oolleoted a further 

fro for the lnoreaae, upon the bad8 of $10.00 for eaoh 

aaaltional $lO,OOO.OO or fraotional part thereof of suoh 

lnorea80. 

You will aooept thla opinion in lieu of the one 

sent you earlier lti the we6k, whloh 1s hereby withdrawn. 

Very truly yours 

ATTORNEY GELEXhL OF TEXAS 

BY 

Oole Speer 

Aesl etant 

Approved fan. 30, 1940 

(slgnea) Gerald C. Uun 

AT!RBRBY QEL9p.RAL of ‘l’EXk9 

AIT’ROVED: 

Opinion Commltteo 

Bdaftgi B.