**OFFICE OF**  **THE ATTORNEY**  **GENERAL OF**  **TEXAS AUSTIN** 

HonorableGeorge 0. Roeae countyALttomey Fort Bend County Ri0hmond,Parts8 Dear sir:

“I attachhereto the lettw tMt we reoeived fromNr. Judeon 9. J8zae8, and ue hope that you &ve u8 en early reply, beoaw3e our Ccmmi88lcmer*8 Court, if permittedby law,U-t8 to l.mae@Utsly **ptIttb8s8 8K8d48**  **Out Of**  **ths gSner81**  **fund in**  **&I?-**

**. ”**  A

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### 405

Seatloa **2** of ;ksutd Bill lo. 199,Aat8 OS the 48th &J&$i8btUPe,**RtJ@lhP &881CUL,**  1943, **Pad8 a8**  **fO11OV8t**

"Phatany polItiaal **subdSol8ian of**  **the** State **of 20X88**  vhIah hOP8tOfOPGb#v 188Wd and roldbond8 and **28** tumble to obtatn trbos aud MtePl8l8 t0 aarry out the purpore for vblah the bond8 were **18OU.d luy**  **tiVO8t thr**  **~PWOOd8 Or**  **8ueh bonds** **AOV aa** **hand In**  **deieau baada** **BP Other**  **Oblf@tiOZi8 Of**  tbaUnited Sate8 OSAMPlW; **provided,** hme)tlw, thatwheaevor var tlm or say other regulatl0n.a **OiUu -kit**  **8UOh** ~litid%l 8&bd%V181OI% to 8OQuire the n8oorraFy labor Md materlti& the **obll@iom** or **the** United St&h8 In vhloh **8aid** &JPIX8d8Uy ii+ **V88t.d &all**  **be 8old**  **ox ’** r&umed rad th8 proaeti ot said oblI&8tiOll8 &all bo **tqed** fOF th8 **papore** for **vhloh** the borp" ofU&y rualn polItlr1 **8UbdiViSia** 

## WPO l **uthorl&edr,**
It vi31 be noted that Sootian 2 al the foregoingAat I I8lmtvd II%llv 

### fore beeh 188wd T t0 th~p8~06 ~ibonbVhIOhhaV@&FVt8- utVhIah prweeda Oamot bo wed to awry out the PUP r w for whleh t&v bond8 vu'8 ie8Ued **beaauw** of m of mt.Fla **8 and**  18-e **% 8UttWit&** **’ to**  **inV88t** aOPt- **flKl& h88**  bout we884 **aoaferred upoa**  **tho ooumi881cum~8~**  aourt **in oer-**  'taiBin8tU&M8 by the &SI81Pturv,urdinaaPierringthi8~U**tharitl the**  L8glal8ture **ia** awnd the **ohmroter oi**  **the 8wurl**  tie8 la vhioh 8UOh l oaeyrrj be %.nve8ted.%ao **for8going** Aat oonfor*no autborit mosey In the **paera** f upon tbv ooPal88loaer8~oovrt to iaoert rund of the oouaty indef'ume bomi8. SMtiOn 1 Of ifOWe &In HO. 746, **&t8 Or**  **th0** 48th &g**i8latUPe, RegUl8P**  **be88iW, $943,**  read8 **88 tOlbU8:** 

"Ai1politio8;l **8ubdioi8lonr** of the btate of **%X88** vhIahhaV.bal8v3er **PaWining** inthOu MOOWt8 **8t the**  cad **Of U&y**  **fi8@81** SSP **BtJ ixlre8t**  **8UQh bdUXae8**  In d8fea88bond8 or OthrrPobllgatlw8 of the Unitid State8 of **imerlaa~** provided, hovvver, that vbvn **8wb h&d8**  &Pa needed the obli&Atiw8 of the Ualted State8 la uhioh rushbal**Mad8** 8Pe **itXVe8ted** Uh8ll be sold OF red8w and the pOaeed8 of 8aId oblI#iioru rhdL1 **b8** &porlt**Od b**  **the 8WOWt8**  **fPQQl Vhiah**  thy **VWcb CfF~&.WA~y**  dram."

tRompable GvopRe 0. Roaw, pale 3

f!heioPegoIng Aotl uthoPlw8 all olftlual 8ubbiVii81W Of the State (vhiahIaOluder OOUUtiO8 P that h@V8 b8hlOe8 Poufalng la their 8OCOWt8 at the end of any fi8oal peap to laVe8t 8Wh balMa in dofen bond8 OP Other obligatioruof th8 **United** St8te8 **Of** &8WiOa. 8OVeWP, **WhoI&**8Wh fuad8 ape needed the oblIRatIozmof theUalted Btbte8 In **Vhlah** 8UOh bal-: 8nOe8 are invo8ted u bU ~8oldOP redoemd Wd the proa8edr of **said** obll@tlona 8kaU be bp68it.d in the l aOu&8 iPaP vhlah they two orlglnall~&run.

Ia titw of th8 roregolagAat it 18 our opfaIon that aouatle8 hata bslaaaer **re~lralag** In their aaaouat8at the end Of My fi8Oa yWP WJ inYe8t 8Wh b82UlOe8 in ddMM bond8 02 other obl&gatloarr or theUnited state8 ofAmoPlOa.