OFFICE Of THE AlTORNEY GENERAL Of TEXAS 

AUSTlN 

OROVKR sLLLcns 

Awouav OUQIL 

Hon. J. A. iilll, 

west Teur aat. 

canyon, Toxu 

Daar Sir: 

Prerldent 

Tmohrrr 30llrge 

09lnlon Ho. O-7315 

Authority o? Nest Texar 

I the ra&ar dornitory 

lien, and the7 understand 

\ 

y ior the oollegr to borrow aonoy ror the 

d to pl@dgr the above drsoribed revenue8 ia 

0 statute8 as rot out below 
rpeoitioationr ha:. bma l ppr uvby 66 the rerpeotlire 

Oovunlng Boardr; prodded, however, that the LegIt 

lrtum shall never make an ap 

p" 

priatloqout or th8 

gonrral twiti or thlr & a te, l thu ii-2 the rogulu 

ke. 2 

- 

.4 . l ,.* : 

+iui ad6 B06rdr a r e fb r thel ur th o r lse00 6 ma k e 

any umtnot dth nr0rubw to the 0oUeotion l a dlrpoalt$arrerthe m-08 d.rlwArrao.~ bulldlngao 

l onrtruoto4 in the aopul8ltlon or l c nwtr ir o tlma.nagc o n 

wit en6 mintomnoe of any bul1dl.n~ or bud 

aoq ui re6 hereunder. In rafueaee to the l oqul81 -Y ion or 

8tWhnt l otirity buildings, 8tadia, -61& rsd ti 

ahamoter Of athletlo buUd 

?r 

said Boub are authorins6 al8o to ti eontraotr d ramw tO th0 

oolleotion 8n6 dispO8itiOn 0r rovonu88 to 60011~ )s 
noh nr)eotlw ixutltutionr -01 ti •~ iror 

#id la8titutlO~, l # -11 aa at Ul 8" inrtltutlon8I 

sac in mtl8lpatl0a or the eollootloa or 8ueh rev* 

oh0 8mt u Ibr 

Tkh 3. Subjeot to tha above rerrtrlotlona, 

not k aa kdebtednesr or the bt8tr of %PI, but' 

8hall be.pqable iolelr from the xwvuw88 to be derived trar tii8 opention of 6tid bulldingr;~ptideA 

that l mh bada ~4 bo rdinanoo4 br ULO wla Bar&r 

*-TU rub 88ti~ i8 rarml by ah0 md to k 

M0~88~~ 

.,ìe l 0 l 

Sea . 4 

Vaah of raid Board8 ir l uthorlaed and ompewered 

to pledge all or a part Of 8U8h retenu8a to the payment 

or rurh tionti, ox notet, md ~to l ntu 8wh 8greementm 

regarding the lapo8ltlon or auftLient &hegem sad the 

. oolleotltm, ple@e'and U8968ltlon oi ru6b rownuea 88 

it may deem proper. In ml1 on868 where ulatlng bul14- 

lng8 or rtruoturos a-0 rop6tirod or 8nlargod or to vhleh 
0 . . . . 

& 

ledge the va~tali or 6ormltorle8, oettagoe, 0Q l thrr 

owe brulry alArgae8nt. 

o? l autzwtim meh bmr6 smy 

dOr W+OS8UJ," 

Artlola 2909a, V.A.Q.8., sea. 1. 

8xl 1tadlum, & anl.rhall nover be 

stat8 AOT any 8pproprlatlon u&o br l Ut8tea u. 

I. ë 
. 

mm. t. A. Rul, .Jaga 9 

be. b. 

ahall bo 8 rooond lien on 8a.M net rewnuu, reuta, 

rOO8 rlla inowe and shall k interior to my ou%- 

In nprd to pledging 8urplor or unu8ed revenue8 rm 

the regular don&tory 8y8tQ ror the jmpent of the obligtlar 
u:1pur atkatiato 8ha ibw 

te the bond r.oeH of mah ba!alte~ 

a0 bUU8tip~ 00 iu0 88 th0 8t8tO 

8d Naktirl~ Revenue 8na + 

Ua 8titUk l tlrat lien o n 

oaprla* the rrguhr 

iomltorler and U-b0 nat8torlta U the l ello8e. me bond order 

Or th8t 18me. repltod that 8 Bond ?und 18 unted W \Qieh 

emount, oy UO,88 net PW8LIIU In the Bond hmd'lar7 ba ume4 

rOr UIJ $8rftd PuIpoIU. 

, 

!he &20,000 Building Rerenuo Bon&, Serlu 1946, 

wtltute a r f nt lion on the not rewonue8 ot eerWn bullainsl, 

8arutruotod with tb pooeod8 of thla iuoe oaqrlaina l oontral 

unlng ml; Il*+8 tormltory buirrhg, aId rooperativa houw rap? 

(10111611. %e band order Of thi.6 i88Ue OrSat@ 8 bond tid lnu 
la. t. A. Ull, p880 7 

ime a8 thuo $8 ln aueh Bond 19 -t full rrcniolent 

to )ay all OUt8tUdhg debt BUTbe d OLiO h8Uu 4 l xo e88 

not revaBuu ever cad rbave the uouat rwdrad k bo pai4 

lS$OthOBOtiM. 

maykiuedfurg xl0 

bo Qoporitd lathe ni& Bon4 Pun& or 

r lmfulpurpwe~ 

hb)eot te the l lq~o. you .re adrls.4 

th8t tqr h8t TOW 

wnoy tar the 

purpou 8et out in your lettar m4 to plwQ• thenfor the 

mmmw8 l.l8te(l in mmh 18ttar, prmidod 8ll l pplleable rqub$iOU U'O8tdO~a,EOX'W&