DFFICE OFTHEATTORNEYGENERALOFTEXAS 

AUSTIN 

QLULO c. MANW A-.- 

~Bon. e. 

haking 

Ail&in, 
Boa. 2. aoowtt, PO&o t 

who M not mJRbor8 of th* ?mdmlRonna syotu, 

ma& bmklng lnotltutfom ktag inottrwatolltl~o 

of th* Stata of Tmxoo bx rirtao of l m Act of t&o 

44th kglolaturo. 

If an lrotrrunt l ubJ.at to tha tar Ikpoo.4 

by th%l should k .oth, 111.1 or rooordod with - 

out tb m&ml ata~~o belly l ttaehed thonto, rool(L 

oaoh rogiotratlon be ralld and l tier tlrr l o thoa& tha 

lnotrlment pld boon all7 stamped.. 

Ikld a. B. Ro. 84 omondea Ar?llola to4v0, 8w1ooa 

Olrll atotutoo. After prwldw for the 1 of 0 tox 09 ton 

mnto (lo*) on l ooh.Qno &&rod ($100.00) i%.aro after the 

$lrot ho uMQrod ((200.00) DolIoro on aertaln &%a* and ebligotloao qooured By oortoln liens ii&d for rooord in the 

Oeunty Qlork'o ettloo,. tho b1l.I than rontolmo tha tollowlngt 

l ~rrThlo wotlaa 'mm11 not apply to lmtrrrr- -atO, mot.8, or ether obll~tloa8 taken by or 

on boholt of the TJaltd St&** ar of the 8tote et 

Toxa0,Qou 

of tb, watt0 1 

eorperok yonayorlaotrumntall 

st0t0~~~~ tat8 fad0 0r ~XOO~ %I 

mlna out l uov DWPOOO a8 wsweoeed%t 

t&El" 

the GO~~ao of tho United St fa f 

8loturo of the Stats of Texao, a& f&%w 

~bllgotloao rwooaoo or 

,-a otrumonto 

agrloultural 

uourd by llang on eropo orid rum or 

plomatha 

produoto, or to llrertook or iarm Sm- 

(UadorooorLag pro) 

both thlo and the pnoedirrg l lmlnlstr o tlo? otlm u 

Attommy Qeaoraltm oiilo* have l x p r 800the eopinion & that 

ue l dhon to #a ilw thet1l.n laotrumuto ta8B 

b y Batlbrali Eo nko l re not mbjoot to the hxi Thio ononro 

ur noond gonotton, l o wall a0 your ilrot, lnoof8r o8 

.~ 
. . 

* ’ 

BOB. 1L. eoooett, w E 

Artiol..49d, 8arlo.d clrll Btatutao, aa omndod ln 

1957, roads aa follows: 

'@All l orporatlmo onakd mder this tltlo l rw 

hereby deolared to k l h o r 6rlth ed tho pabllo OH, and 

shall k under &a* Ocintrol and be oubjeot to ooah 

le&lolatlon as the Legislatora my amaot ior tho goworny&and re lotion of l uoh banklag inotltntlono lm thlo 

. Sue i? eorporotlono shall be doemod to bo hutrumntalltleo and l geno1.o of theStab Government rad 

l heU,bo ohorged with the duty, when lowfull 

tlaeroto, to aot 80 (ropooltorioo for tho I 

4ool&mated 

funds of 

thl8 &at., ad of any couBt 

pub1 o 

O? vilbt50, Of St w -bdiT L 

, niullalpallt~, citr, Toua 

iOIl Within th. 8tot0, in 

l ooo tb a woo ith the lo ws of thla Btata gootornl~ dopeaitorioo Of prbllo fada ~01 l iotlng or horoaftor to 

k furthor l herged 

@#sit for tho,State or 

Tam ot fllloga, or my oabdlrlo~on 

apoli rtqrust l o to do sad mpm roamable oompeaoatlon therotur. Tha.rlghto prltllogeo aad 

t 

oaoro 

lams 

ooatomd by the termo oi this dt.1. %o 

taklmg idrontoga therwt or lnoorporot 

corpora9 

hereuuaer 

ore to ba hold l ubJaot to the r&&W of the Lag aldaro, 

ta omad, altar or reform the me* hory oorpormtl~ 

oporatln& a bonkla& buo~oo &m Toxoo uudor a aborter 

l ithorlsod by tblo &ate prior to the doptlon of the 

Conmtltutlon of 1676, ohall ba l abJoot to oil the prot~oiono a thl8 title. 

3.06.. p. 409, oh. ?A%, 

A8 l mndd Aoto 1937, 45th 

8 1.” 

fa 08Baootlon with the dutk8 of State EonLo aa 

dopooltorloo for the Mot0 and tor oltleo wo 0100 r8trr to 

hrtiole SSt, tS5, and -59 to P.566, Rovbed Olrll Statutes, 

It ray h aonooded that l uoh bqmko we ogenoieo and instrumantolltleo of tho Btate, mad ln mopoat to the aoto mentionad la 

the l tatutoo retmrred to lmaodlakly aboto are l otlag l s mmh. 

Uo eo nnol t ooo dto o ths view that 8uoh thidgo~ their 

awry aot a0 king on0 whloh l orr ieout o a 6OVOrMOXh1 purE 

08 as l xproooed in the &to of the faglol~ture. Olaarly, 

a Logiolatoru did not lntond to make a blanket l xomptlon 

Of 8n liia instrument8 takoa by agenotes and iaatrumentaliti** of ttio stute. Ontha other hand, it10 plda thatlt 

woo intended to exempt onlJ those lnotnmonto token br ouoh 

agenaiao In oarrylng out m ~vernmental 9ur~ooe as exmeooed 
Bon. e. aooortt,~Pago 4 

$I! oome AOt ot th8 kR~OIOt?UOL Othwwios, tho ~norrtion ia 

the toxin6 statute of the words Just above underoooroh would 

hwe bean worse t&n uoml~oo. To k entitled to thr l o iup tlo n, 

on lnotmamont tOkm by 0 Mot. Bunk moot be in oarr lag out a 

~ormontnl 

10 hare ken i looaoolry thaw 8toto Ronko rhloh l ro not momurpooe l s l xprooood In an Aot of tha lo 6i8lOttuO. 

kro of the Joderol Rooenr Syotra. 

On Rwe8ber tl, 1936, Itan. 2. Ii. Rromdhurot, thon 

~Aoolotnnt Attorney tJonero1, l ddrooood to Iion. Charlie Lookl a r r y iow ut 0 & 0ororc purpo00 ua o ~t00 a lsp nooo In d 0o mhot 0 

Of UOa@808 or o i the ~giOlOttU0. 

Wo bellera the oboe l ab8kntlell moworo tho slrot 

tour ot 7our queotlono. Wo hoto not l tteq I edto umwer the 

flrth qtuotion, *in00 it ooouro to 01 that thm quaotlon 08 

.to whether thr moordotlon at UI unotnm)od ta+ablr lnotrumant 

would l o no tltuoonOtruotfro ~ notion, lo a prit880 onb. 

Terr truly voaro