**DFFICE** OFTHEATTORNEYGENERALOFTEXAS AUSTIN QLULO c. MANW A-.-
~Bon. e.

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

who M 

### not

mJRbor8of th* ?mdmlRonna syotu, ma& bmklng lnotltutfomktag inottrwatolltl~o **of** 

### th***Stata** of Tmxoo bx rirtaoof lm 

### Act of t&o 44th kglolaturo.

If an lrotrrunt 

### l

ubJ.atto tha tar Ikpoo.4 **by** th%l shouldk .oth, 111.1or rooordod with - out tb m&ml ata~~o belly l ttaehed thonto, rool(L oaoh rogiotratlon

be ralld and l tie r tl rrlo thoa& tha lnotrlment

pld boonall7 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) DolIoroon 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 UnitedSt fa f

8loturo of the Stats of Texao, a& f&%w ~bllgotloao or rwooaoo ,-a otrumonto **agrloultural** uourd by llangon eropoorid rum or plomatha **produoto, or**  **to** llrertook or iarm Sm- **(UadorooorLag** pro) both thlo **and** the **pnoedirrg** l l m lnl s t r o tl o u

**o? tlm**  AttommyQeaoraltmoiilo* have l x p r800 e &

the opinion that

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

E o n ko

l**re not**  **mbjoot to**  **the hxi**  **Thio** ononro ur noond gonotton, lo wall a0 your ilrot,lnoof8r o8

.~. .

* ’



### BOB.

**1L. eoooett,**  **w E** 

Artiol..49d,

8arlo.dclrllBtatutao, aa omndod ln 1957,roads aa follows:

'@All

### l orporatlmo onakd mder this tltlolrw hereby deolared to k 

### l h o r 6 ed rlth tho pablloOH, and shall k under &a* Ocintrol and be oubjeot to ooah le&lolatlon

as the Legislatora

my amaotior tho goworny&and re lotion of l uoh banklaginotltntlono lm thlo

**. Sue**  **i?** eorporotlono **shall be**  doemodto **bo hutru**  mntalltleo 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, 

### OfSt w -bdiT L , niullalpallt~, citr,Toua iOIl Within th. 8tot0, in l ooo t b a oo

w it h t he l o wsof thla Btatagootornl~dopeaitorioo Of prbllo fada ~01 

### l iotlng or horoaftor to k furthor l

**herged** @#sitfor tho,State or Tam ot fllloga,

or my oabdlrlo~on apoli rtqrust

lo to do sad mpm roamable oompeaoatlon therotur. Tha.rlghto prltllogeo aad toaoro lams ooatomd **by the**  termooi this dt.1. %o taklmg **idrontoga** therwt or lnoorporot corpora9 **hereuuaer** ore to ba hold l

ubJaotto the r&&W of the Lag aldaro, ta omad, altaror reformthe 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, ohallba 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 bqmkowe ogenoieo **and** instrumantolltleo of tho Btate, mad ln mopoat to the aoto mentionad la the l tatutoo

retmrred

to lmaodlakly aboto are l otlag ls mmh. U oe o nn o t

l ooo d o to ths view that 8uoh thidgo~ their awry aot a0 king on0 whloh l orr ieo

**out** a 6OVOrMOXh1 purE 08 as l

xproooed in the &to of the faglol~ture. Olaarly, a Logiolatoru did not lntondto 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! oomeAOt ot th8 kR~OIOt?UOL Othwwios, tho ~norrtion ia the toxin6 statute of the **words Just**  **above underoooroh**  **would** hwe beanworse **t&n** uoml~oo. **To k**  **entitled to**  

### thr l o i u p tl o n, on lnotmamont

tOkm by 0 **Mot.** Bunk **moot be**  in oarr lag out a ~ormontnl 10 hare ken looaoolry thaw 8totoRonkorhloh lro not momi urpooels 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 i w

o u t 0& 0 ororcu a o~t a l

**purpo00** 00

s p n ooo d



### In 0 o m 0

hot 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 tt e q I**edto umwer**  the **flrth qtuotion,**  *in00 it ooouroto 01 that thm quaotlon 08 .to whetherthr moordotlon at UI unotnm)od ta+ablrlnotrumant would l o n o tlt u~

oonOtruotfro

notion,lo a prit880 onb. Terr trulyvoaro