-.

190. 8061

Oormtxulng

Sr 8. HO&~, bolne *a mmnbnmt **by** th@ 46th Leglslaturo to Art. PM79, 8. 0. S., a n d h o l din g

l 8 iollowr~
1.
S.

s.

4.

s.

6.

7.

0. **That** ma16 Aot 1s oonstltntlonal.
Fhat liens **taken** bf Statr bankr are not l xm i p t r r 0 m it8 pror ido~. T i at he

l emption iontafnd int he A s t
lo v a li d.
That 8 llw upon an ippluwnt Sr fxdt aempt gwgla +ltir it beoomeadeTote& to ram-

. ?hat the CountyOl9rk 1s not l ntltleUto E$ on mniount



### or tax 

### paa mnderproteatanti1 md 

### UL&SIJ

lf be iotrpd

that the tax ~18s 

### ri+truuy ooil0oted.
Conolu&on~ or the8 Stata Troannreron 9uentlona oonoernlng

the Aot uo not nooeasarlly binding

on the CountyFlork but oooupy a p e2 -8mde

l it uee . hpenrer or wlidnlrtarlng 8ald Aot oan bo paid by the Troawrar only'-on uarrant8or the Oomptrollor.

In oountler

rlhrro thr 0ount.y

Olerkaam on a salarybaalr the 5$ oommi#don allowed CountyClcrkmu&lor tha Aot aaoh oommlrrion munt be plaood lntha salary iuncl.

,

OTTICB Of l%R ATlDRRYX OERRRAL

**Jane** 10, **1939**

**.** BonorablraharleyLookharf State Treawrer Aue.tin,Texae
DearSir: Attention I ET. Ii.YIosd# Stavean Oplnion~Ro. 0.958 Ret Intarprbtation of 8. B. no. S4, **being** fm amea4mnt by the prwent loglmlatme to Art. 90470,R..C.S., en4 rul- $ upon it8 oondituttional-

. UC hate raoei~ea our letter0r xay 4, 1939,whw9- (n mu reauestour oplnlonIII rraponw to the 

### ronwineEon. Ohuloy Lookhnrt, June 17, 1999, pge I:

"1. Im the Aot of the Torty-rlsth L@rlaturo Regular Swmlon, orlglnatlnS As Somte Bjll Ho. S4, oontruy totho Oonmtltutlonr

or the step or wsa# or the united stat.87
"4. UMu the unended lw are Stat.0 **b-km** l

s *mp t rmm **the pmymwit**  or **thi8** 

### taxt

Im that portlon'of l uMiddon (a) o?hr~ amending statup .~ao&olbgow ron<utlonalt eu0t.a prorlsionm 

# or t h i s l rotlon%ply to ob?l- @ation or lmtmnta 8oqureQby llon.mn oropr l nl hrmor ~rloultural produob,or to uTMbO& Or rUUI bplMWti. *
-4. fr an inaobtaanetm im maourea prlurlly by real ortatoor rlattok other' thM llTet8toek, iaX¶nor Qrioultural empa or produotr or tam lmplawntn, buttho lMtrumeut fno1ud.r any on0 or thuo lwt ratlone ohattolr, mhonldthe lertrumeat br exempt tznm tantloat
"8. Should 

### rum lmp1ementr bo ronmlaor& am ruoh bofora they an wrd rot ttet purpwe? In l

xplanatlon,

whm traotorm, oomblnrr, an4 other l

lmllarruohlnerurn aol4 by the manufaoturu to a dealor umler ondltlonal ralos oontraot, shouldruoh rraohlnery bo oonaldered'fernmohiner*, therebyrsempt1% the inatrumant from taxstlont
"6. when a pa

UP nt of the tax 10 made u n de r pro t r8t ,

l h o d t he

C o u nt y

Ulerk w ll in g t he 8t dm pr that l TidUIOO l

uoh paynUt bo allorb the S% oommiulont
.*I. The mot l

t a t o a , tTho,Statr

Trrarurmr shall a8alntthe Oounty 010&s of th.Stata la drtelmlnln4

what instruments

are rubjeotto the tax proride in thim Aot.* Under thin portion pi th6 statute, are the oonolualonr nf thrTrearurar

on 4wmral or rpeoifloquastionn, l lther or both, bind- on the Oounty Clarka lntha l

nforouPsnt

of tha paymentof 

### thla **tut**

-8. Ttm mne1n404 rtatuto rtatoa Vhr stat0 Treasurer nhall rrcm tlma to time doduet enough

money from Uir 

### p0eeaa raodrod from the aale or Jwpn to par for the prlntlng Of mid atampa an4 the mallillS or aal6 stampa to the Co& Clerka, M&d money to be drduotod

by the Stat. Treasurer before allooathg”,:,fun&s rooe.lred from the ma10 of maid

P Artlole 4371, R.O.S., rtatw '100 money mhal be paid out 

### 0r the Treasury exoept on the rarrantr of the Oomptroller.' Dose thlm portlonof the l

tatuto oroatra fund whereby th0 Treasurer *an 

### doauot ~43 fun48 

### rm oxpour ltema,and l

lw allow the Comptmller to wrlto

### warrante

ior 

### the purpose Of paring any expansritem arisingflpm the printlnS Of the ham s #iud

mailing the l

tanIp# to the County .Qler

& t. 9

Xon. OharlayLookhart, June 17, lOSO, Pago 5

-9. shall the l5$

oomioalon allon tha OOUOty C16rb ,-.TUt t0 ti0 OORllty 0010X-, f,lOL, in l otmtlaa

whore aaoh otiloor la on a aalary beds, or should the CountyClerk **bo** allow4 **~t;~~~n** thlo oomladon a sl 4dltlonal

oomponSection 9a or aal Aot -am a8 r0ii0n: Vxoopt aa heroinotherwlcro provide4 there la hereby lerle4 an4 aoaea8e48 tax or TM IlOd Eeata on aaoh Ona BtmdraA ($100&i) tilicira

or fnotlon thoreor, otortho flrat Two Run&d ($200.00)Dollara, on allnotaa an4 obll@lona aaoara4 by ohattolmortage, doe4 of trust, moohanio*a llon oontr4ot, ronaor*alla, oon4itimal aalaa oontnot an4 all lnatrumintm of a mimllarnaturerhioh are flle4 or ro0Ord.d in tha orrio or the CoMtY Clerk under the Ro letratldn Laws of this 8tato; ~m~ltld 

# thnf

no tax ahall be 1~106 on lnitrumenta aoourlag an anmint of Tw Ruudrod ($200.00)

Dollars,or leea. Aftor the ofreotltedate of thla Aot l xoopt ao horelnafter provlda4,

no auoh fnatmmontahall be file4 or raoordadby any Oounty Clerk in thi.9 State until them haa baaa mid to woh lnatrument

atam ln l

ooor den oo

with the protlslona

of r th a l eotlon;prorUing furtherthat shouldthe instrument filed in the offlooOfTthe dotIdy Olork be l eourlty gf an obllgatlon

that haa property

pledged ar aoourltyln a.Statoor States other than Texan, the t8r shall be ba6Od upon tha reaaonabla

oa.sh'rrluc

of all property

pledged in Teda In the proportion that aald pmprty in Toxaa baara to Iho total 

### raltu **or** the property l oourlng

the obligation) l

n4, provldiag furtherthat, 6xoOptaa t0 r6ndWdS or OxtOnalob of ***rued Interest, the prwldono of thla l ootionahallnot apply to lnrtrumemta

eiron ln renewal01 ’ l xtonrlona

or lnutrmnta heretofore

atampedumlar thepavrlalona or thla Aot or the ona amn4o+lhereby,an4 nhall not apply to lnetruxwnts given in the refudlng of axlatlng

bond8 or obll@lona where the

Preoodlnglnmtrument or l oourlty

vta8 l 

### ampaa n ~ooon5anoo

with this Aot or the one uaondd hereby;pmvlUe4 fartherthat the tax larld in thla Aot shall apply to only one in6trumeot, the one of the groatest4enominetfon, rhea ~weral lnstrumentm are oontemporanooualyaxoouted to wouro ono obllgatlon; and prorlbatl rurtherthat when MOO atampeba8 pmviawl herein, an lnatrwnent ~FI f be reoordodin any number of oountlorr in th a state withouta&n being a0 atamped. This rootlonshall not appl to inetmmanta, noteo, or other obligationa ta Een by or on behalf of thaVnlta4 states, or of tha state of Taxrio or any corporate

agenoy or lnstrume.ntallty 0rwo Unltod States,or nf the state or Texan in oarqlng out a govarnmental ourpose

as l xpres~14in eny Act of COn-3

..
Eon. Charlay

Lookhart, ,yune

19, 1999, pgo 4

f” SI afthe Vnltad Statam or of tie I44lolaurn or the atato or Toxar,nor ohall tha prorlmlo~,of thin em o tio n l or lxmtrumonta

l eourobby hrm or l

grloultarsl

pro4uot8,

or to atook or farm lmplWnt8, or an l batmot or ' jmtl~ont. .I$ thaa8onnta~onra4 bi M lm trment 18 not l

xpraasa4 tbamln, or r any put 0r the l ourlty doooribodin an auoh inatrumat l ppars to be located, d thout the State
or Toxaa, the Ooanty Olork ahall xmquiro pmof **by** wrlttonafflCarlt8 of auoh faota a#
‘may bo nooorrary to datomlno the amount of the tax duo.*. ? i
tlon. we ahall rlmt l aanra onraolroo

to yoaithlra peaArtlola I?.,

Eootlon1, of the Conatltutlon of Tona TOOuirao that *taxationahall be @quo1 an4 Pniform. All groperti Ln thin 6tata rhothorowned by aatcrral~ ona other than mnnlolpal~aball be tare4 P

oroona or wrporan pmpor@on to it.8 value whloh #hall be aooortalnod aa ray **be** provldad **by** law.* Art1010 8, Seotlon 8 of the donatltutloh of Texan proTl4.6 that *all oooupatlon taxoa ahall **be** equal an4 nnlforrm upon the acme alasa of.aubjoote althln tba limltaof,thi authority loTylf&the tax." After pmrldlly fbr ciortaln ~kmmptiona, maid 8ootlon 8 0r Artlol* 8 aonolu4sa M r0ii0af ;aAn4 all law l xamptlngproperty from taxationothsrthntho propoty abore mantlonedshall bo null anb tota.*

Artlolo 1, Sootion S of the Btato Oon&l&lon made marollowar

* All t r ee n m when t hey r0m l room compact, hero apuai rights, and 

### no mn, or met of mon, la l

ntitloa to l

xolel~o aaparate pub110e.molumenta. or prlrllo&ea,

but in oonoldorrtlon of pub110 aarvlooaP

It la pmri4ti in l al4~Aot that it ahall not l ppl to mobllaatlona

orlaatnm8nta asouredby liona oa orocm l ni farm or iigrionltnmi produotm or to liT#btOOk or farm &lomenta .* The question

thua proaontodla whether the amptton of lion8 appdn ompa and rami or l grloultuml produota an6 llraetook

an4 fsti lmplomenta is violGive of any or all of the above oonotltutlonal pm,rloi~a.
The aomptivn la otloot oonstltutaa a olaaalfloatlon r0r tajratlon

purpoaea. Aa affaotlng the power oftho loglalmtmo to make auoh olaaalfloatlon we baooma oonoormd. with the question ia to whether thla tax la one upon prOpWty or 18 a pri~llago

or exolao tax. In aome rospoota lt must be ydmltted that tt l

maoko of a property tax, partloularly at the bo- &IS.~AL~, adit palau that "Theo la hamby lavlsdand a8sesaeU

a tar Or tbn OM$O on each On6 BandrodD01lnraor fraotlonthereof,over the rlrat Two RunareaDollara,on all notes and obllgationm aeourad**by**

. . .* Howwor, it oontalna tither

attrlbutoa

of a prlrllege

or oxoloo tax. In 4 annlay on l%xatlon,4th Ed. 8379, it la l ald that watunp ,thX+B UO a rOL¶E Or OXOf tar. t!hey are gO0OrOlly &VOWd by $ho r&ercllGovammcnt althoughthoy may be impoaoil **by** a atato.W mm the SupremeCOUP% of the Deitetl statal in U'homas v. Vnlted Staten,192 0. 9. 36S, 4R L. Ed. 481 S4 a.,,ct.. 506, aald that %tamp taxes ordinarily am 

## l xo~ao taxe8.W

. .Hon. CharloyLookhart, Juue 17, 1939, Pago 5

In this A& the tsx is wlleotod only throuShtha as10 or atampa. Thsro is nc oooaalonfor the auoh stsmpannloas s gemon dos~ms to l Tsl1 hi umhsss or IlFalf of the MO of the publla rooorda. Than ths stamp is plaoed opon the mortgsgo a m

l vldoncoof the rleht to raoord,athsr thapl upon tha obljgstlon awurod. fanning.tho Furthermore, when l prt ofi the
rovldu l

oourltyis looatad

withoutthe state, for an l

pportlonmsnt

ofths tax in propordonolnag

an intenton the prt of the lo&lslsturo to make ths tsx pmbrtlonatm to the ralus rwelvad fmntho nab of ths rooords of thinState. It this mro a tax apon!-tho note soonrod,

auoh sn spportlonmont rould be hsrd to explain, The Aot l

pooffloally

pmrldoa that one l tsmplngshsllbe ourflolsntto antltloan instrument to Es rooordod in any aumhor -ofoountlsain the Etato, a pmvlslon whlohwaald be entirely usslosalrtha tax wore upon the note l oourod, In mapport of the poaltlon

thst it is a. rlrllem t&x, wo alto ~laaanaorr

&. . T. cooaalo, 859 8. w:59, ~urthermoro m beliOT0 that this wnatmotlon should b8~ given the Act h 8id of it8 eonl tltutlonsllty~ .J

question,

the Laglslatoro

hss ths power to in 

### abtbzminin~

wh0t l 

### h3n be and 

### what. l hsll not be tarsd. About th0 Only limltstfon on thl8 pomr la that ths maPI ahsll not be l xam$aed oaprloloualy sn6 srbltnrlly. As maid 1n~Cwloy on Bxatlon, 

### ~01. 1 4th be., 01,psrtloulsr

olasslflostlon

la proper where bsaod on a ruson and not purelyl rbltrsr u.r There must be a reason for the l la88lrio8tion

a sdinting p r iO0 O r TindiOtiTMUS. oh9d 

### rr0mmu0 aoolaenta w h i m,

Clear and hoatllodlaorla&stlons o a -

aanuotbe rado tinder the &be of olasslfloatlon. A dlsozlmlnstlopls not srbltrsryof oouroowhore baseU on sound rmsone of"publi0

polioy. On the other hsnd,while thsrs must be a ruaon for the als8aifl~tlon,the raaaon noed not be a good one and it ls&mnstsrlsl that the atatuto la unjust. a0 tort la not wi8a0m but 6Oba ralth ln tha olaaslrlostlon.~ pp. 914-914. WIO LoglaXataro ham a bmaU dlaorotlon ln the mttor 0r alasslfloatlon.w p. 916. ~C1saslflostlon for tsxl tlon is not rOTlO~bls by the oourts'hnloas palpablysrbltrsry.~It l a

no l bnoernof the oodrtwhether the olasdfioatlon 1s tha wlsost or the boat that oould be =a.. The ol~solfloatlon

need not be reasonable and proper l

ooordlng

to the judgment

of xwlawln@ judges.but the wurt must.boable to au that the lo properdthout olng rlolanosto oommonl uIaeha p. 916. i? slatorr 00uia regard it so rsssonsble 

### ma ~Diffaronco

in the urn0of pmpertlu ss wallas lnhersntairtarsnooain the kind of pmportlos may be the .baola of ol~sSlrloat$onP p. 919. 61 0. J. 126; 12 0. J. 1153; Cooloy on Tsxatlon, 4th ea., vol. 1, pp. 912-914,915, 916: City of Houston T. Bsker,.17S

S. K. S2Ot WoathorlyInd. SahoolDlst. T. a 41 S. W. (2) 445; Texan Co. T. Stophum, 105 S. W. %v4b Tax. JUr. 8S-64.

In tha oaso of Louls~lllo Oas a Slsotrlo00. 

### T. Colaman; 277 'V. 8. S2, 4S 8. Ct. 42s. the KentuOkysra'tamp atatuto wss andsr attackbecause of olsimoddlsorimlnatlon in sllowlng oartalnl

xsmptlona,

alar (1) it aid not a manta maturingin lass than fire yearn, snd.(2 f ply to lnatruSkOrt,$agOS

to bulldingand loan asaoolatlons 

### ware l xsm>tad. Ths Suprsmo court followedthe Kentnoky Court or Appeals in Xiddondorf T. Coodalo,259 8. W. 69, snd ho14 that thd 6xemptiOnOr buildingand loan aesoolstlon mortSag*s

was s 

### TSiidone. However, in a ffT0 to four decisionit hold that the statutewas maonstitutlonal

on the fixat gmrmd urged, that da, that the Tying of the tax upon.thoreoordlngor instruments mturlne moors than riT0 yearn,whlls 6xWiipting those Insturing

inEon. CharlepLookhart, Xune 17, 1939, page 6

1068 than flro yean, aa an arbitrary blntlmflon. Ur. Juarb tloe guthorlud wrote the majorityoplnlon. Juotlou Ifolmm, Bran6olr,

8anfOivl

an6 Non. dl~*ento6.

mom tllo

dlmaentlng

opinionof flutloo

E0lJsel,

wo Quot.:

. . There lr a plain dlmtlnotlon b&wean large loam seourodby no#otlablo bodlm and mortgagu~that am11 md mall orm to noody i l 8oape tautlon, orrowerx

### forwhloh they giro tholrperronalnote for a abort tonn and a myt lythlnk ltwo agr of tholr home.

Ilf I ham% 6 br doal that the large tranaaotlonm

of tho monof mrket raasonabl~ mar bo subjootod

to a tax from rhlah mall onem for privaten o ed a r e l xemptd. The L4glrlature

of fontuokyWtor earUul eonAloration har dooldodthat the 6lxtlnotlon ix oloarly

markedwhen the loan la for 10 low a term ~LI

flro mars. Uhatoter doubt I may i~q,,f~Oortem~ ==a* , From the dluonting oplnlonrrlttenby~uatioo nranaoh, wo Qme.1
The statutedlaorlminater botwoon long and short form loans aa l b je o tl )

of taxation. A loan rturlng ln 60 pontha or m D r e 

### wouldbo

l ubjoot to the tax, nllerela one maturing ln 59 months or lou, but

l lmllxr in all nspeota woulg The alxtlnotlon botwem long-tonn and xl&t-tennloanx m with dlffore~~ou In jloldior xoourltlor otherwise

iaontloal in oharaoter

-- lw on0 rantlllar to szey lnristmcmt bankora ana tholr 

### adopt& that olamalfloat on for pur Did the KontuofI LaglWn!o& of the mortgagerOoOrdlng MI, 0x0~ tha bound8 of that 

### *da0 dlroretlon in lelootlng the l

b l otx of taxation*

whlohthla oonrt i unot ens, as 

### a00lana ~JI Lake Superlor Hlnar T. Lord, t71u. s. 877 8. 

### ct. 627 (70 L. X6. 1095).a0 io68e, 46

T aa tho hato *refra$nnrr

from olear and host lo dinoriminatlon

againstpartlolllar permom or olaaxra*?
~DlaxrifloatloMbaroh xolel ;nbpet- ~1 dlfiorqnoea no gnatrr 

### thnnda - .‘.: t w ee n l loanmaturingln 59 iwmthm orloxx and on0 maturin in 60 month or more, hare

& -7 fidam of leglalaIn Cltirens'

Telephone

Co. v. RIllrr, 8139 & 8, see, 529. 55 8. at. 833, 87 L. rd. ltO6, it war x.x16

that ln taxationthere ix l broaarr power of olaaelfloatlon t* in, xome other l

xorolao

### or legixlatfona.
~8eoamo tho long-tena loana ara oommanly represented by negotlablm WQPon

. bonds 

### aa are 

### ae0ruea by a 

### dead or trust, reglrtratlon

does not 

### ai6010se to the as- ~0aj0rs WOO

the holder6 

### or the neourltle~Honorableiharlay Lookhart, J-8 17, 19S9, Ma 7

tw frequently

l aoape tamtlon Laylngthomortge+gr raoor6.l~ sax oxuy upon tho long-team loam tads in some maaauro to nauoo the ai8dTMtagO an- &or whloh tha ahort-tom borroworlabora.
*At what point the llao ahod. be gram botwaonshort-tent and long-tam loans lo, oi l

ourao,a mattar or rhioh oven ma l

onrenont with all the foot8 ~8)' raaaombl~ difior. l&or0 ma muoh 6ltiaronoo



### or oplnlon

aonoarnlng thlr in the Kantuob Laglalaturo. The bill, as rooomaendad by ma tax oomalaalonl and aa lntmduora in the xouao, examptod from the tax han In ueatlon only amoh mortgagaaa s l

o o u r e a lagdthinthrao ~aara ~3 it 

### lmpoa0a a ye b t*.aa

m t u r -

tax oi t6 oenta for $1 0. In tho Baa80 t h o b ill wqa a m o n b l

80 n ot o l

x a m p t loansvturlng in leaa thnn tlro yaara. III the i38nato, tho Hoaao bill was amnde6 00 aa to 

### mau08 tho puioa to three you*. mh~.raruaaa to oonour in the Samto



## The s uuk rooo d o a apon the blllma paaae6 grant L - 

## lqh;h:feomptlonoflodna mturlng dthln fiT8 ,aara, **but** With tho Nt8 MaUOed t0 go OQtSe Th%Y wo h~owthat lnraklq this partloular l laaalfioitlon'thore ma in fiat Ut'oxorOia8 Or i8giaiatiT8 )lld r nt an6 dlaoratlon. mraly Vi8 partloular 0 aalrloatlon

ma not l uoh IS to produde (in law) *the**8aauabptlon** that (it.)

Woo **ma0** in tho a8r0180 Of la&alotiT jud@ant and dlaoratlon.* Sea Stobblna **T. Rile,,**  e68 U. 8. 157, 14s, 46 8. Ct. 464, 4Z6 (69 L. Lb. 864, 44 A.L.R. 1454). mother tho rxerolaoraa l daa onola not our oonoern. Vhat it war pondaalbl~ for KentaoQ, ln lar,lnglta amrtgagorooordlng tax, to wk. looountof the pmbablllt,that’oart8l .n t y po or mortgagew o u l d la o a po further tautlon, la not opan to boabt, %ktaon v. Stat8 Comptroller. SS4 U. 8. Wig, 1235, U 8. ct. 45, 65 L. M. 170. There la mbunLaglalature

no justithe bulk bf tholongtho gonanl property tmx, while aoat otthoao ror a l hort-toxm r0uia n o t. That the ahtuto tax88 oertala ldn lar 4‘ term loamswhioh, booauaoof thalr aMty in other reapeotato thoao for a ahorttom, are likely to be anbjoota6 to tho atato pr0p0rty

tax, 

### w0lrla

not rwau the atatatainvalid oven aa appliedto tha. ComparoCltld sanm* Talophono

Co. 1. P@.lor, fZ9 Il. 8. Se2, Tzlz, 53 8. ct. 853, 57 L. Ea. 1806. uboroTu thallno might bo drawn, tho ahtuto would lomatlmea

opor a t o at auoh ooo m a - i o n a lindanooa anjaatl Ií 0rlnjd oe would not ranbar the alaaalfloatlon lrhltnry. + + l*

In rlew of the ohange in tho panonnal and tan r or tha supram court, it la not atoll lmprobabla that f

. 4" "h tha O~SS of Loularlll~ Can &+3ootrlo CO. T. Calm, anpro, c.:

’ ‘

. Hon. OharlayLookhart, June 17, 1939,pegs 8

.~. ..: i. had not boon praaantad untllnow, fmatloaBrandela~ opinion would be that ot the majorityand Jutloo Sutharland*aoplnion the dlsaontlng

one. see alao,Burt 18. oooper, 110 9.r. " ' (Ed) S96, Stats vs. StanCold011 Co.. 107 8. 1. (EU) 630, ‘: s ., ..+‘Z, ‘.. Geraldvs. Smith. 5.6 8. k. led)S47. ‘1 .To ho14 the l xamptlonIn the proaantatatutounaon- ” * ? i l tltutloual

muld be to l

trlka dorm the whole atatuto in our
..c For to onao t h a l xamptlonrould be to awe11 tha 3%02atn&ta to an oxtautquitsplainlyBIT& intonaea an&~8 the rtatute to 4 meaning never lntanda0**b** ,t&L:~la-

. Tho exemption

proviso oannotbo l overd d t$aa~l~lme greatlylffaatlng the maanlng of tha statute

. Us do not ballavathe languageo? SootlonE would save tha statuteif the oxam tlon be danled. SO C. J. 647-S;Danlal **T.** Larsen,l& 9. W. 7S) 886, Fem.; 6 R. C. L.

. ueo( **5sxar** 

### ao. f. 

### uudau, 895 8. w. 478, 

### at p. 4se.

Thea l tat8ta has bean passedby tha Laglalaturr and 8lgna4 by t&a @overnor. We are not tar of .law

that the LeglalEtura aof er l p a r a d t oa n y

a s aa m tarbitrarily

l nd raprlol-

. oualy in uklng the alaaal?loatlonthat it Lad no ground saoevar for making the dlatlnotion, and tlat tha Aot la Rvary reaaouablo

lntondmant

should be inhleaa in *ato; of the oonatltutlonallty of ffm Aot. Perhaps, the Laglalaturaraw a reason for oxam whw the 8 e o u r ltY l a lo 01080 tlng mortgages Smm the tax L the aoaraa a? raw amtorlala for both rooa anh olothlng; or, that the meourltytom&g the basis forth8 ammtlon la f raglle.ronderlnu the use of the **moor-48** lass valuaabla; or, thaf thi aaourlty~la of luoh a n e t u r a

that loans t h o r e o n lro 

### maao for shorterparloads as a generalrule than other loana, oaualngthe 08s of tha reoqrdato be of leas talao.

‘Wa hETo not marlooked lwh oases as Lo881 IXughea,

l?44 S. W. 856; Rx parta Falaon,g4S 8. W. S4 , 3.”

. SouthernPaokxgtCorp. T. Stat0 Tax Oom., 164 80.45,Klaa., and are amem 0r ths aarlouanaaa of tb pueatlon

praaantl d b1 the above olaoal?loatlon. Bowever,

the praaumptlom are n favor of the raaoonablaneaa of the olaaal?loatlm aud the oonstitutionallt I of tha Aot. We answer 

### y0urthta puastlonin the lfflrmat va and tha ilrat in the naptha , WD know of no gorarnmantal porpoaa u l xp r aaa id

in the Abe of the Laglalrtura of this Stats being oarrid out by statsbanks. The feat that thoy am inoorporatd under the laws of Texas does .mt make them stat. l ganolea. We anawar your secondpuaatlonin then nabatlro. ~xauptlona

am to bo l

trlotlyaonatraad. Oar auawer to your fourth questionla in the negatlor. There oould be no groundwhatsoever tar a olaaal?loatlon nbloh mid require th8 Paymentof a tax upon tha reoordatlon o? a mortgage upon’ 10,000,00 worth of automobllaa; 8na at the same time exempta aompnlo~mortgaga upon 410,000.00 worth u? automobllaa

and )l,OOO.OO

worth of oultlratora and planters.

rn offoot your fltth questionaakawhether a mrtkge upon lmplamanta would be ontltladto tha exsmptlon whan ouch implements

hare never parsed into ths hands of’ona who la cuing or till ass the lamo ?or farmingpurpMe8. KxeJnptlone muat bo ltrlotl oonatru&, and ona who olaima fh8 baua- ?lt of an axemptlon L a taxingbill must brlug himself olaarly wlthlnthe axcmptlon. In our oplnlon, the l xaaptlon

of Tams implatmut4

ma inta&ad to apply tolmplmnta wad forRon. Charloy Lookhart, Juno 17, 1939, pge 9

fencing parpo8u and as never intandd to apply to an inplmnant

v&lob haul

nwar eoma into the ha&la e? a 

### woulddevote it to a farmingpurpose. r raon who Tha 

### l xampt on 11 aanlfa0tly intended

as an 

### aid to a 0a??ering and vital lnduatrp. No luoh aid would be l xt o n ded

by favoringa llon on UI lmplamant rhloh may never bo sold, or, even if sold, novar put to an 

### l grloultural

us. I? devotedto muoh a use, a IOX%.- g0ga upon It rould bo axamptfromthe tax, whqther thaomer and m0rtgegorla 0 ?miM or a pro?asalonal or bualnaaa

nu haring fm~bg interenta, The Ola* la tha t0x aoltot0r wdar this Aot. ‘Lbe bunlen would be upon a parson olalaing ;y uamptlon to matlafythe Olark that ha la lntltladtharo-

.

‘Pha Aot protidaa that OouatyOlerk0 shall be l ntitl o d to rataln aa foes of offloa ?or handllm aaoh atams 5$ of the m o unt o fm o n ey

reoalrad f r o m

(ha s a l e

Z?auoh l t a ii~*,íproridad ruoh foe for any one oalandar lnonth ahall not l

xoead one handre6 dollara, 88ld S$ to be ?etalned bytho’eoonty Olerk WhSn ruaittlly: to tha Stats Troaaurar. The mb ti tho atsmpa la only l step in the oollootlon of the thx. I? the money ti plaoad in mupanes, mnd lt shouldaubaeqaontl the tax ‘(As

mt due, eml that the plaoingof t developthat ha atampaon the inatrmuant

was mt naoaaaary, than the party payingthe tax and pltiolng

the stamps on$o dootwsant would bo antltbd to raoaver the ?ull awountbaok. In sash au event there ham bean no sale of the stampsdthln oontamplatlon o? the ltatuto. T%o atata h0a 

### n o t

l ??aotually



### raoelTe6

the money for tb0 stampsuutll it baa been tak0n ?mmWS lua p a n aa MOOlm t

Qd d8lherSd to th8 State for stats purpoaaa. Our answer to your l1rt.h quaatlon,

thercfora la that the County Olark should not be allowadth? S$ oo~aalon ‘ior sellingthe atempa untilthe on18 has become ?lr.al~that la, uutll it has boon da?.lnltaly dOt0rmlned

that the sioney

bo88 not belong ln tha l uap0naaaooount but will go into the gaarraltraaaury.

Tba Aot prorldaa that 

### l $ha Stats Trmaurar shall noalmt the Qounty Clark8of the Stats in datenulnlngwhatlnatrcnnqnta

are aubjaotto the tax as 

### morid06 in thi8 A0t.m O ur a n swe r

t c yo ur

laTenth p a BStiOn

fa that the oonoluaiona of the traasurer

on ouch would mt be 00nOlMlv8 but would oooupy only a persaoaalra attitude. Our answer to that puaatlon la therefore

In the nagatlro. Acl.ddrsaalng

ouraaltaa60 year 

### l lgbth puestlm, wa would point out that Art1010 4371, R. 0. S., provldaa tlmt *no money shall be paid out of tha traaaury l xaapt on tha wairhnta of the Oomptrollar.* It la our opinion that E. 73. lo. g4 and the aboveArtlola 4371would be oonatruad together so as to lva l??aot tc both of them. That part of 8. B. Ko. 24 prOTie L g that the State traaaurar “shalltnm tlma to tiq aehot enough

money from the prooaada raoelradfrom tho sala of stamps to pay for the prlntlngof maid Stmupa and the malllngof said stamps to the OountyOlarku, aat6 money to be doduotad by the Stats Treasurer before a1locatlng the funds
reO8iTOd from the solo of said stamps*, moans that tha prlntlng and nalllng of aald stamps shall be flrurnoad upon warranta drawn by the Oomptrollar @nd tha amount tharao?&all be daduotad from the prooaedaraorlradfrom the aala of stamps and after suoh daduotlon the balanoashallbe allwated to its ultlmatoaouroaa.

With refarenoe to your’nlnth uaatlon, we beg to adrlaa that the l5$ oommiaalon

allowed % e CountjOlarkEon. CknrlayLookbart,June 17, 1939,Pago 10

w0ula nooo~aarlly

r into the salary fun4 lathoaa aouutlea whore the County 0 erk la paid on a salarybaaia. Artlole 5913e. Saoflolu1 and 5, R. 0. 8.
TOUPS 

### TU, **tIU1,**

Thla oplnlonhue boon aonaldaed In oonfuenoa, 

### l p p w Td

ma hereby ordord roooraed.

/a/ UERALDC.YAHlP ATTiXU@T@RRDUL OF-8