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<p>OFFICE OF THE ATTORNEY GENERAL OF TEXAS 
</p>
<p>AUSTIN </p>
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<p>333 .,. </p>
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<div class="ocr">333

Honorable U. Cy Greer, page #3

This bill was pascod to permit investment of the
moneys mentioned for two purposes: (1) Te permit the safe
iciveatment of such monevs which sould not otherwise be used
because of shortages in labor or materials, and (£) fo aid
the federal government in carrying the burdens of war.

You have informed us that because of war gomlitions
you are unable to obtain materials for tighway construction
at this time, and that, es a cansequence, consiideratle aoneys
are idle in the Highway Pand. In other words, tuis is

a condition whish tha Legislature in Senate 3111 iio.

@ attompta to remedy or correct.

Xt is our opinion that this situation comes aquarely
within the praviatons of Section 1 of Sanate Bill lio, 199.
Por that reason, you are advised thet in accordance with and
urndey the toxmea of Soetion 1 of Senate B11] No, 192 tha igh
way Commission say invest certain moneya of tho Highway Fund
in obifgations of the United States of Amariea, witch moneys
Decause of shortages in labor and materials cannot be otiar~
vateen to carry out the purposes for whioh the sass vere

1]

Ji ey AI oe

22 Led
poe . Very truly yours
Co Prtnn/

ATTORNEY GENERAL GF THRAS

“STORMY Galak OF Ges Wy
: By Fags ,
Geoyre FW, &

Asaiatant
Ogeg

on
CCL

APPROVED

OPINION
QOMMITTEE

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