### 2

**OFF&E OF**  **THE ATTORNEY**  **GENERAL OF**  **TEXAS**
**AUSTIN**

Bonorabl4 F. ii.Law, ;'reeident Board of Dit4otor6 **Agrio~turel** and ~echadiOo1 Coll4ge oi **#4x46** cOlh&B 3thtiOA, %X.AS

tl86 ot Oh4 A&- 

### Ionand other 6 Btatss 

### Govern**o$ au**  thu **rork prOgre6666,**  **4.6a**

bran %'mtIerebto the Baax'dof Dit i'orlegzd senioes in thr 04aMJag6, and ror the approval
**or** the entfrs iSSU6 or **boa66 in**  **ttlr 4mOunt**  **or** pe5o.CC.

‘hssWn5 **that tku**  **Board ot**  

### Mreotors will **aoaalt2.ud4 that**  ths **ritatawat** Zor 14gcll**641mio46 i6**  r4464nable it Wok&d 1ik4 **t4** be 4ldV16eb,itpOSSibl4, by the time Of it8 narf m44tiog On Wr4h 14, whsthsr the B06rd 16 prohibit& frm making payment of th4 bill bsoau64 ot ths proV161066 Of S44ti46 lo Oi E. B. as8, AOt6 &t th4 R-r S46@46 Of tbo 49th LO&IZltorO,~UBd4r whloh Aot ths bond6 have born.lmtu.4.

. 

### *Httrstofor8, undu the pmvi6io~s 

### oi the same

Aot th8 Board of Dir4otQr6 **aUthOti?ied** MOth4r Issue of.bonds in the amount of'#1;,220,000.00 for the purpose of prorldiiq fan48 to build four ' 

### donnitorls~,to eonatriaotadditional equipment iOr the oentral powar anb.staam plant OS the College, amI to rsfund ~lB0.000.00 of bon& ~rl~~~~rlfnlQ4OioraFiOlp6~ DOnal-



### . That166UO& bO5&6W46,4p proved by the Attorney Uenoral OILthe 15th bay Of July lWl, **U5dU** AttOrPlg 04Zkti'S Oplni011 

### Be. d, BookHo. 8. That -6P4 of bands m mold and d4llmr4d 

### to 4 6yndi46t.4of imustmnt bankera. At 

### thatiaethabl8mlou~0iivucla th4 Board of Ulm4ton nualmd 4 at&a.& rOr: la@ 64r?lo*6, iaOlU&lng 

### pmpratloB of pr4444ai6&6 and.approml or tlloi66ll4

### la theaanlntor $&WO.tXt. The Ward rOU5d thrrttba bill -6 r446OMbl4 aad paid it. 

### *Thu qutwtio5 oociirontiag

### tha Board at thlm &MI is uhethu by 

### paybg for th4 6enioss in **OOBB4OtiO5 inth**  thr ~1,8%0,0~.00 iScSU4in 

### th0 amount of ~3300.00, it h6r 4xh4o6tad 

### it6 aWx4rity **UEder** the **Aat to**  **p6y for**  **b@!%l 66niO66**  **66** to bond6 thiW46fter 166U4d Uad4r th4 hot, md partioularly for 

### senlo4s nbi4h bars bsrn r~det- ~d4i~wrrfarewe,to the $ZW,t%bOO bond bSU4.

*5*atlo5 1. The B0ud 0s Dlncrtars **or** the AgriOtitwlrtland YIeUhaaiealCOllOg4 Oi~Fmai 16 **authorized** to 0066trU6t Or~aOQUlXW, 

### andtotal cost, type or oo56traotlon, ohpihty, anb jiiane an4 epeolflcatlon6 thsreror hats been ap 

### prorodby suoh kfmd of Dimators. * * *

**“ Ssotion**  **3.** 

### For them&IO60 or 

### aonstl?uotlng or aoqulrlng, ertsndl~ or laproving and squlpping any one or more 

### of said building6, said Board or Directors is authorized **to 166114,**  8011, 

### -6 d8liVW it6 

### negotiable r.YWlIlebOAd6, 

### frCmn **tlma to**  **tim4** end in rtuthamounts 

### or amount 

### a6 it **sup 0056166r**  **neocrsmaryi** ***** **+** *****

***aeotion 8.**  **!ch4 hard**  **16** MthOriZed **t0 OOn**  atmot; 4quip and Isa64 an or2108 building to be uawl bp the irratltutlon

### dlrwtly or with consent 

### ofmaidBoard, by any -my oi the uJdt@d Stat06 &?4ZY3m5t t0 hOU64 **44tttitdU Of**  

### theD6p6rtsleBt 

### 0r&r10ultum 0r ths ullit4d **Stat46 Or**  **aOtiriti46 Of**  **th4** United **8tlhtO6 OOY**  **ummeat in**  oonneotion **with th4**  Zt4tlona.l IMSon6e. Pro&ram, ~rovlded thnt tha t&d oo6t 

### of 046. **6tlWOti~ OX**  **80&~ aad**  **4qlI&pii@ 6814**  

### build- **% 6kd.l**  **BOt OXOUd**  **ThrU -d**  **ThOU6Md ~labX** **’ 6**  **($3oo,ooo). +**  ***** *****
***s4otloB** 10. BO 

### breksrags fee, 

### Or **dOPtL\I68lOJi, Or**  **atformy ’** **8 rMS**  **in OX0466**  **Of** 

### %%IWIty-five Hundred D0ll6~s (#&,SOO), shall br paid out or ~thefU+S of the A k.rdcon464 or lbxas, or out or the fund6 to 

### be **Qariv4d** 

### frou thebond6 or other evldon406 of oblf$tbtiOAauthorized heel.&"

Aftsr oarcrfulrea"f"3 Of 8. B. 838 (~O~t~64VWlth] L4glalattu4, Regular Seaslon wa have 

### oomludob that said Mf olsarly contsmpltkt4e 64r4r41.laeu46 

### or beads for on6 

### or moreEomx'4blo F. Ye Law, page #+

j~U'~06a6 sod that Said bond6 nray

### bo iSSUed from tilt64 to tSm4 over attynumbir or psar6.

T~OM:OX'O, it it3the O&dliOA Or thi6 department that the llmitatlQ5 ap '4eoh isou6 

### a0 it E" dctf$~inf$~~tJtiOIl 10 Or eald **Aot** 4pP1146 fo We think thet it lDurtof nooesslty ap?lf to aaoh lndlri&ml **issue** rather than to the aggrogeto amount.or bond8 rrhlohmay be ultimately euthorltsa. A6 stated above;there 

### 1s A0 limltatlon in **said Aot**  on the , tote1 6motmt, number or dlrr4ront 166ues or period or tlm4 wlthln which such authority may bs exeroilred. X0 

### knowthat aortain lsgal fees 

### are neoansary in the preperatlon or prooeodlng6 for th4.io6uano4 of bonds 

### and it uould be 

### pMotIOally impossible 

### to guogsthe fee that shotfldbe ahargod on the rlrst leeue when there 16 no m6p or detsrminlng 

### howmany **isews** 

### .msy be ~eodod 

### in the futux-4or at what time thoy m6y 

### be ineued. ‘Ph. fullSo4 CO&i 

### be exhaUStedin the first 166yO and not- *ould MuI~~LIto Pag th0 **f406** 

### whlohrOUld iJOOO66PrilyOri64 

### irr oonneotion with th4 **166U6666** of subuoquent bonds. 

### Any other ooiutruofionof said 

### Actwouldprobablyhave the affoot ef 

### rendorinfg

theAot 

### umvorlcablo.
It isa th0r6*0rcr, the opFrrl06 0s 

### tbi6a4pdimont tb6t th4 Board of uirootors of 

### theAgrioultural and XoohaaioalCallogeof **%X46** hairthe aUthOrlty 

### on&or H. B. jge to pytho #l&O.00 foe for **14g41** 6onfooe ru5dorod 

### in oonneotionrlth #O **i6654504** Or $?iw,wo d$ AAk or$k4 wildiBg &n&8, prO- **~%a06 or**  oourm **that** 

### thb Boardor oirootan 

### imWlUd4 that

### uld foe **i6** r466OIIiibl4.

'i%USt& t&t tF6 m ;TptW**QlMJSti46~0** UP0

.

V-Y 

### hu4 ml=

APPROVXD ?uR 19, 1948 ATTORXFX -Ai OF !titXM

/s/ ATTORNZ?-
COB-6

**APE ’** **R~ OPIXIOX**  **C&%X BY**  **B.W.F.,** 

### Ohairman