### 28

OFFICE OF THE AITORNEY GENERAL OF TEXAB AUSTIN

Tour nqlw!it Tot op fully ooaaidsred by thle 00 quest Sb a.lorar1 -

“X U roqUr8tln rrvrral rtatute rmteriuI1 IA:.

**papem** prepared, tho rttorney doer not reooitraw reiauasmttoa for hlc eervfoear



### l l. Does the paymat OS the 1.H out OS 6hbrfirst JIII’O aooruoO interest on the indl-any ruoh mrohur, ~1. or loan, HothIng oent*laM In thlr rrtlolo ahall pnvea# a 

### iif0 ln8urnnoo oorporatloa rrm mnklng a lmn upon 

### a poliorhold therein,bl the bar**r0m.P Dot**  **ill WOOa**  **Of** thr **108rPT.** V&M thoroos. 

### 4 perronriolatl 8ny pra*i8lon of this artI 8Jmll be flno not &err than “% thre, hun6W nor mom than one thouauid rollan.” Thr above quote4 artisle of thr Penal Co& war

**‘ An**  **A.6 to**  mMwriw tam Inoovpoxat Ion o? lit*, rooidoatME heelth lamraaao ownps~A~8 8ad 

### cl*flainu 8uso; and to authoris* ruoh rcqanie8 to 

### traa8a.t **bualaoro** la tha State 8S kurt to autherin* other lib oompander inoorpowted uadot the 

### lmm of other atit-, Tbrrito rlar l l **ooPntolo8** $0 

### traaa- **#et** budnear **in thir**  (Skta)l to rsgulatr tho buslne,sr of 8uoh ooapanir8~ to dofIn@ 

### the **&otlor** 

### uih **paror** 

### of the Ooamiedcimrof ~BU~TMO~ ~6 Bunkfng ata girr **to** 

### him autborlt~ to irsur, ru6Jwn4end rrrcrho **perElt8** to 8uoh 00mpmle8 to tmumt bu8iao88 in **tldr Bkta**  **aad** to apply for the appointslent of l rooeltorfor ruoh osspanio8 when they beoom0 I&~re&~ **6OfiBily** the mot&d Of (LCI rlltbg at the valor of parsoaal property of **aueh** oo5ganio8for purpoer or State, oouaty and rmunioipal taxatloa, W erenptina ruoh 0om~108 SPW an ocoupatlon or gPoom rsoelptr 

### tax;to fix 

### the **ritu8** of **perroiml** propeTtY 0f rttch oamp~a.ion for purpose or taxation; to pepwilt

the depoaltof aeourIWr8 in the ofrior or the St&o Tmasumr~ flxin$ vonua 

### 282krgoP4blOtUUo8 It, r**t8,, -8 b

OS 84tS Md PrOTiding tha luck04 Ud VI Of SOiOS Of ~I%OO88~ Pt'OVidiu**~O~lti.8** for tlOlatiOnOS rho pr~vI~iOn#of thl8 Aot x'e~tiln&all 1aUS la oonfliothordth# d doolarlw ui emergoaoy.~ Ml610 4823, 70ra0n'SAaYiOtatod ?eXtl# airi &atUtOS, Z'UdS a# fO11mSI

**‘ mOOpt**  **88 hOldI**  **rOtld8d,** muoh **8OOiOtiO8** shall bo **~0vorn.d** br th P8 law, Mad #ha11 k ouapt from all provlsio~ of tho Iaauranoe lEW# of this **StatO, not**  **O&f &II**  **~Ov.rarPOntti** roletionrrith ths f&at*, but for rv 0th~ pUX~0s.r HO tiW heroaftrr l M0t.d SW1 l

p 4 ~tOt-Ot~;3l3"8 they bo ex~2’esr~ dosigoati 8

**The enal**  **rtatutes** rolatln~ to Smtomal boaoflt moiotio8 (LIY rtiOlO8 581 t0 58 , ti010~i~8,fOl%On'S k1 notate& TO=@ p8Ml m@. Vii. 8tUttUt.S F%@S b# smtomal boaotit aooiotlor era found in Ohapta 6, itlo 1 78, Vuaoals Anmtatod **Tom8** Old1 **Btatutu~**

**It** ha8 buti broadly u$d by the Buprem@ dourt that tk0 Tight8 pOWOn spd Oblations Of beEIOf$t **WO~Ot~O8** MO **&oterriU~** ty rUks# **Of hW**  **~OtiiUil~,** if Wt **UtiWiTO** If, applioablo to them and the laplltr of their l otioa8 I6 not to be **tested by**  **ruler** whloh **apply** to **or~uL~m~tion8** oomBsroial la purposor girt* v* tloToroI@l camp W.O.W., aa 8. w* 4%

**w0** qUOt0 srOM 6 TO%a# ~~~8pNiOn8O~ pUO@ 390 0a.t 391, l fO11OWSl

-10 a rratornal knoflt moiety Is wmawhat in the nature OS an lwuraaoo ow Is organlrod and oxlrt8 Upon 

### a basi#tk0 ferent from that of the ordinary 1If0 inr~~~o

‘Ho benarolant as8ooIetlon18 an Ini~~*aonganf In the ordlnuy aooeptatlonof that term* The rohtlon of orrtifloato holdlr8 - n8 dlrtIa@Iahed from apolIOykO1darSw - Ir ossontlally **mutual and**  reolprooal~ **ltash** oortifleato ~oldrr 18 an laauror of the other and of all Others who am nemborh'00~~81408 i8 th0 m - 280 wit* d iaIOFOBOO* Th. OAR in rlow 1A l ttalaoa

b tho porooutloA or (lirrrront matw, ra,

sobJoot io tho 

### l

g~r~valot 

### the home 

### oi’iioo,
ror ecltnblirhd prahm reta8, vaw'lry *osoding to th hams4 Ol tho rlrk, Tho pollor or thr olarr 

### with whloh n l

### ra awl,- iry $0 to Or&aaiU uid 

### l rtablirhinferlo? iOdi308 00X% 0i OOAdUOt+,.kAa pmAiQO& 0~03 by OrflOOtOd rPOa It8 AOAbOrOh& tIbD80 duty it ir to 8Olieit ammborr, ma rhow 010OtiOA Nltit8 fA tho ~OSUMOO Or iiuuzC aAo0 ~230108 ror tho ai¶onAt rosorlbod by tho h-8 0r tho odor, apoA t 0 OOrtdA 

### re08 and praalum ahargo&@

### daeer, t p5t3At Or npro~oat mg the

BPothorhooU of Railway 'bibm0A Ve WOWi, 79 s. W. (26) 886mblo **t@808 t,**  

### 285

**ft 18**  **OW OpfAiOtl**  **that A.d.1.**  **rn, fWlNXi** **’ 8**  **&&WtatOa TOXU**  **POti oOd0,**  **dOO8** Dot l boAOrft 8OOiOtiS8 Or their OffiOW8. 4 P&Y lo IrdNMa 0 

### thoraforo a8wor

APPROVEDJUL 7, 1942

ATTORNEX GliXERAL

06: TEXAS