## 555

**OFFICE OF**  **THE ATTORNEY**  **GENERAL OF**  **TEXAS AUSTIN**  August22,1946

Eonorrbb C. D. SfmOn8, COUptrOll8~ TheUniver8lt~ Of Tar.8 **Au8tla** 12, TetO8

Derr Sirs

quoted **88 fO11W88** 

"'R&8 i8 li8t8d kl rW the Pem8Mbnt UUi~or8 unit h88 c8iied iOr IVd8M **m8tul ”** **itr lZOtUi**  **tlon** of ruahr 8trUwnt Or in lssu8nae. I tiCi **nOtiC**

onCouity Road Impron**1923,** d8t8d Febntrv illt8X'O8t

8t th0 **Nt8** Of **k-3/4$,** 19g5, orlled iO? p8mnt Aaugwt mtPOll8r'8 B8gi8t2'8tiOnHO. **6783. ”**  8r8ained tb OFigh81 tl'8MU'ipt of thi8 bond tr8MCript covering th8OrclyronCounty Road IqrO+ewnt B-8, d8ted Julr 10, 1915, the OUt8trtibl~bond8 Oi vhloh 18tter-mentioned 188~18 vew nfundod by tin 1923bondr. It PIJ b8 8dded tbt both tb 1915 **8d 1923**  bond8 W8W duly 8pproved br theAttorney Qen8r81 8&l ngirtered by th8Cwptcol)8rv-v



### Etonozw-bleC

. 0. SIMOM, ?8(IO

### 2

of 

### ?ublio **AoOOuBt8** 88 pnrorikd **b;l** 18V.

**?b# 1915**  **bond8 18N**  **18BU.d U&O?**  **th 8Uthoritr**  **oi Chupkr**  

### 1 Title 18 of tb R8Vl8.d **OiVil 8t8tUk8**  d 1911 

### (Artlolo &w lt 8.q.). **Rw bead8**  **uturod** fO?ty p8?8 f?a drk, 

### but thar OOBkiMd 8 WdeRptIOII 018~88 t0 tb8 @ihOt thrt th@T 

### oould bo mdeom.6 8t 8Il7time **8f t8P**  **fiV8 708F8**  **iroll** 

### t&i? **d8t8.** 

### HQPOYW,

@~‘.awithout the redoagtlon **818~80, tb88**  **1915 bOnd8**  

### would **have beon**  

### redrrrblo. The buprew court 

### ln the 0880 of COUhrrll

### Count7 v. M8IUl,

### 172 S. N. (26) 689, 

### interpreted Artlrlo 611, **RWl8.d** Civil **bt8tUt88 Of**  **1911 (8**  **p8rt Of**  **th8 8bOV@-WEt;aNd**  ohaptor), 

### vhIoh provldod 88 follom~

'All b@8 188U.d WdOt thl8 **Oh8pt.r 8h11**  **? ‘** **W** not 

### l xaeedlng iOPt7 J88?8, 8& **8h811** k ndeerbl8 8t th0 piO88U3V ai th0 8OUIItT8t •~ tiw 8tkr ritr -8P8 8ft.r 

### tb 188U8mO8 cb th8bOnd8, O? 8ft.r 8w **&JOriOd not**  

### l

**XO8dillg ka**  **TO.?,** 

### vhloh**m87 k**  

### flzed
**w th.**  **fhUB1~81OlW8 ’**  COUFt.
**The** 

### OOurtln intorpnting **thi8 8t8tD.h**  

### hold the 

### follow-

**%I8** 8bW@ **st8tUt.8,** 

### being **in OrfOOt**  **8t** 

### t& tin th8 bond8 **Wr.** i88Wd, 188 n8d **intO** 8nd **iOrm8d** 8 p8S'tCt tb OODtF8Ot, 8ab pUFOh888F8 **Of th8**  **bOrd8 IWO**  **oh8rg.d** 

### vlth **notio.** th.WCf **8116 8W**  p?erumed to b8ve bought th8 bOrd8 in **IwO~oitiOn t&~Of.**  **A JOne8,**  **bOod8 8nd**  Bond **%OUl ’** **iti@8,** 

### 4th td., pe 590, p-,.527.
'A8**Y@** oOn8tru. **th8** 8bOVO **8t8tUt0, r&n**  baodr 8l'8**i88U.d** tie? th. Ohrpk? t&rein rrfomd to, ii th. COm188100828' COu?t **8t tb**  tiN. **th8 bOxul8** **8?8** i88U.d m8k.8 DO &1rOV181Ol& 001S@Ping **it8** right t0 ?8- deea the bond8 prior to 

### their Nttwlt~, they m8~ be rodrrwd **8t th8**  **p108mUV Of**  **tb OOUUtr**  **8t 8w**  

### time **8ikr** fiV0 p8?8 8fk? tbB i88WMe thO?Oof. HOW **Over,** th8 COU18810&82'8' **COWt lllJ,**  b7 **In 8p$Fqr18te**  **orbor** ontend 8t **the tiw**  **t& bond8**  **8P8 i88Wd,**  **908t pOti8**  **th8 d8k**  **8ftW** 

### vhIoh the **bond8** 

### mark redomod **t0 not**  

### l

**~0OOding t8n**  **J88E8 fnW**  **tb d8k**  **ab their**  **189** 8U8IIO0. **The bond8**  **8n nbwrblo,**  **1x1**

### 811 l Yent8 

### , rt not 

### exceeding ten 708P8 trOm th8 d8te Of tblr 18- (Iwmo. -1188 cOWAt 1. LOCkhrrt, 8kte tLI88~hr, 

### 128 **hr. 50,**  **$96 8.**  **Y. 2d**  **60.**

-

### 557

Honae.81. C. D. I)Imum, **?8gO** 

### 3

%I-* no 

### proll8Ioa **188** 

### ud8 IIxI~ th8 d8k 8ft.P vbI8b th8bond8 Mv8 rred8P oooridrr8tlOa oould k 

### Lld8em8d,tlwr vw8 ndoenrblr, p8ri-Q. 

### d tb l

trtut., 8t8wti-8 8ftWflVO r.83'8 

### aftO? **tbr i88Wlroe**  **tbmab,**

**. .**  **. ’**  **mp.ion, our**  **~UO8tiOZl** r8rolver itralr into **thotbr 01**  **not thi8**  **8t8tUte I8**  8~110881~ **t0 tb**  

### 1923**X-mZIdfng bOnd8.**  **th888 bond8**  **voaw** 

### Irlwd undo? **the** 8utborIty Of Artiole 

### 657,**Oh8pkr 3,**  Title 18 QS tb8 R8vI8ed CIril **8t8tUt88** Of 1911, 8 **ditbmnt Oh&-**  tmr rvOm the on8 oant8IaIagArtlale 

### 611,**rborrquotrd.** Artlale 

### 657 prorlded **88 toll-**  **I**

'Uhen bdr GUT@ 1,g81lJ ken **i88Wd,** O? Ur **be bv.8ft.r**  **188wd, w**  **8 7**  **OOUlty to?**  **8w Of**  tb, purpbrcr 88-d InArtlalr 10, M **bond8** b88rIn# thm **8888 I8**  **0 lWO?**  **?8*** **Of intO?e8t**  **NT 80**  **I889** 

### la **ooafomlt~** 

### with

### l **~~18tIng 18v,**  in lieu thereof.
Artidlrr 610, 611, **8rd** 

### 657**YOW** 

### broughtintothmRWlrod CLvIl **3t8tUk8 of**  

### 1925**88** Art10188 

### 718,720,**8ti** 725 **l ’** **88vtiT.17, 8nd**  **811** vIthla tb8 **88W** ob8pter (Tit10 22, Ch8pkr 2). Ir the **ro** funding baidr b8d boon **i88Wd** 

### under Artlolo 725, **then aador**  

### the **0880 of**  **aX8r** Count7 v. S8llen (Sup.

### Ct.),,178S.U. (ad)505, the bond8 vould br nd8emrble, 

### Co? the0-t bold tbt **the** ndrptloa prOvI8iOM C&Artlolr 720 8mlied to 811bOad8 188-d **undo?** that olmptor (Chrpter2 ti Tit18 22), uhloh Inolud8dr8iundirrg 

### bond8 i88Wd 

### U&8? Art1010 

### 725,8rd tb8 

### UXiaUE tiu Ibit 

### 8fkr vhioh bond8 8M ndorm881. h8r prs8.d.

Xwovw, tat 18 not the 

### ritwtioa ooarrontiagw, 

## rw the 1923 **0r8~800** Cofmt~ 

### WsiUUdIUg**bond8** V8M **l88wd uad~** **’ tb**  8uthOrIt~ aiArt1018 

### 657,vhloh **~88** 

### oontrlnod In **8 dliierrnt**  **ohapter** ita Artlolo 611.

**?bi8** ld.ntio81 **C&lOltiOU V88**  **l ’** **8Oentlt b8tOF8**  **th. FoFt**  **Uorth** COWt **Uf OiVfl**  **Am818 in**  tb **0888 Of**  8t8tO t8tfOMl **b8Uk Of**  **tl ?880**  Va t8F?8UtCOUlL~ (TIOtJOt n9Wt.d). nX8 f8Ot8 fnVOlVOd in th8t OI88 82W 88 iollorrl t8F?8& **CouatiJ h8d**  **i88wd rord**  **8nd** 

### bddgo **bond8** 

### la 1912, thi8h **bond8** 

### oont8I~d ?Od8mptlOn

### p?wl8IOM. Ph8ro **bond8 Wly**  **rodoowd** 

### in 1922, **8rd fundiry**  **bond8** 

### rlth a0 aption **or** FOdmptIm 

### p?OTi8lOM.VW **I88Wd. T&8**  **fUUdin( bond8**  **EON 08118d**  **tw plvat,**  **8rd 8pp@** **‘ ll8at**  **b8ak** 

### ooateaded **that tb,**  **OOUnty h8d**  **aa** right **t0** do **80. ?b**  **883it VII.**  **?O? 8OorU.d**  **iUtOn8t On**  **th8 bond8**  bald a 8pp@ll8at rime th8 d8k Of 

### UOtiOe.

**uo quote**  rra 

### the **opinloa cb**  **the oourt:** **iiOnor8bh c** 

**. D.**  **SiplpOM, P8gO**  **4**

MAp~l18nt pP88OUt8 iOUr point8 Of O?FO?, but **la** it8 **brier** oonooder th8t **Tba** on17pw8tIoa In **tu8 0888**  **18** vheth.? th8 ti?r8UtCOWtf Road 8rd Bridge Fundlog **BOnd8,** 

### d8t.d**llOV88bW** 1, 1922, is**8wd by**  88id count undo? ruthority tiArt1010 657, Chrpk? 3, Tit18 18,R8rl88d **St8tUt88 O?**  **1911, 8T8**  8ubjeCt to ndemptlOa '8t th8 

### 91088W Oftb oouat~.

'' Th88pp8118Ut, pi8iLItur klw, eOnt8ad8 th8t 88ld bond8 8F8 not X'8d88n8b18,8ti 8pp81188, dofemdrat b8lov, **lwiBt8 t&t**  th87 8P8 **ndO8rB8bl8. ’**  With W8pbOt t0 th18 qW8tIOU, the OOWt h8id th8 fOiiOW

"Th8 1912 **i88W VI8**  **iOr** ro8d **8nd** brldgo **purpO888,** outhorlred **by** Artlolm 610, 1911 Strtuter. ArtI 611, **88~ St8tuto,**  proridrr, 8mOUg oth.? thlM8, ior th8 redomptloa Of thO88bCnd8 w th8 OOwtT 8t it8 plerrum tlthln aerWIn llmlt8tlOw.
"ArMale 657, **1911 st8tUt-88,**  pm~IOw1~ quOt8d, begin8 vlth the 8XplW88fOa, Wh8r8 bond8 h8ve b88a 

### 10g8117 i88Ued.' **A8** pointed **out** 

### 8bovo, the88 bonds **V.rO lOg8lly**  188Wd **iU 1912.**  **!?hO 8rtiOlO**  **OOntinW8,** 'Or148~

k h8m8tt8l i88Wd, by ,8U7OOUntr to? 8q of th8 9WpO808 named laArtlolo 610, nov bond8 •4~ **msy**be irrwd In oonforInIt~ vlth **OXi8ting l8v**  in llau of th8 former one8. BT **Vi?tW Of**  thi8 **8t8tUtOm pro**  **virion thm**  **1922** bond8 la **oontrovrmy wr8**  **i88ued in**  **lieu Of**  thorb undo? d8t8 Of 1912.
'It 

### IDfund8m8ntrl1~ tZ'Wthrt 

### 81=. ttm 

### d8bt svldowsd 

### by the 1912 **188W V88**  **8till** Unprld 8ad aringby th8 8p901100 8 mn8W81 Of th8t oblig8tion br putting 8UOth.r 

### OMOfit8 Obll&8tlOM OrprOml8er t0 98x 'ill

1i.U' thr)WYOi,IBO8niq IWt88d Of it8 iir8t **ObLig8tlOU** Or 8tIdeme Of it8dabt, dtd **not olr8k**  **8** WV 

### d8bt wing 87 **8pp8lhe to**  **8ppll8Ut,** but It r8m8ined th8 88~8 d8bt Iaenrred iOE ~0n.y vlth rhloh to **build** 8nd mmlntrin PO8dr 8rd **brldger.** 

### a18 d8bt **u-88 am8t.d**  by th8 lrrwn88 of t& 1912 

### bOod8, vhlab 

### VII 8purpo88 

### ruthorimd by Artlola 610, 1911 **8t8tUt.B.** A8 ve vlov 

### it 

### tlut debt vIl1 oontlauo to b8 on8 I~urr8d 

### ior th88uthorInd **plU ’** **&KU~ Wtil**  it **18 &Mid,**  **fZ'?88~tiVO Of**  **tit. UU8-**  her Ct ti8.8 the 89p811.0 na8v8 Itby iuadirrgor nf&log bond8 YhLch npz'88oat th8 88m debt. D81-
188 **CoUUt V.**  **LWkkU?t, hY88Ul** **’ O?,**  **(SUP.) %**  **3. v.**  26 60 (63j.
"w%88vi~ 10 8ird th8t 8pp81188'8debt, l8 Ia-Hoaor8bloC. D. Illmoar, Urge 5

oumd la 191% for **rUUd8** vlth whloh to build rod m8int8ia rordr 8nd **bridger,** V88 rtl11 unprld, 81- though ovidenae of the d8bt ~88 rewved 8nd 8Xtended la 1922, it 18 OUT hiid th8t WdOr th8 8ppliO8bk 18V I&Q81180 h88 **WWF 108t**  **it8** right to 0811 for 8od redeem it8 funding bond Ob1ig8tiOn vhloh rtrnd8 in lieu of it8 orlglwl boudr 

### thomtoiOr8 bg8llt i88UBd." lW.8, ve 8ee th8t the court held th8t bond8 of the tp ooorldersd In thlr opinion, 8nd 188ued wader the identio81 **8t8tU** tow suthorltr, vem redeemrble by the oounty under the jWOv1810& ofArtlole 611, Revi8ed **St8tUtO8 of**  **1911.** In OtherVOCd8, th. redemption 

### prorI8lan8ofArtlala 

### 611worn m8d into 8Ikdformed 8 p8rt or the bond oontract. CCQhr8n COUUtJ 

### V. tt8tUAl, 8U&W8.

Ye vl8h to emph8slte, hwever, th8tve hove been rdvlred th8t 8 Motion 

### forRehe8rIng vi11 be rubeltted to tb 

### oourt la the **T8ZT8Et c** **CUllt~** **.C8*.**

**. ThiW8fOF8,**  the deOi8iOn of 

### th0 **OOul ’** **t** h88 not bO’ 3 OIW fiYL81. Renae, this opinionwtre1J hold8 tbt the ar8ylOn Ccunty bonds **8re** lrubjectto redemption under the deoi8loa Of the 00-t in the T8r?8nt COUnty 0880 if 88id dsol8lon 18 not Oh8LlngSd OtllWh88?iflgOC On 8ppe81.

We do not h8Or **8V8il8bl8** for ex8mln8tiOn 8Ii7 Of th8 bond8 rought **to** be redeemed. 

### Bwbver, the bond form lnoluded in the origlwl payment.”trrnroript oont8lw th8phrrre **%itEout** option of prior

If the bends ver8 mdeem8ble 88 8 Mtter Of lrv **under** Artlole 

### 611 (CochrcraCountyv. M8nn, 8uprr), tlwn thi8 phrasevould be of 110 ImOOt, rCr it 18 blWI8Qt8~ th8t CCU~i88i01~8’ OOUrt8 vould **bo** bound **by t5,**  **It8tUtO 8pd**  vould k pWWl888 to Ohange Or 8bNg8te the 88me.

**YOU 88k**  **8180 Vh8thW**  th8 bond8 h8?8 la f8Ot been propwly Orlled. The lctlce of Cell V88 ruthOrl%ed b 8n **order** ot th8 C~Q

### Bi88iOMC8’ hurt Of Qr8pEon County on 

### July B, 1946. The bond8 8ought t0 be redesmed both la th8 

### order8nd in the aotloe vere ldentlfled 88 to rerler, dsta, rmouat 

### originrll~lrrued,

### mount pre8ently **OUt8t8ndiw, m8tuFuity**  d8te8, 8nd th8pl8oer **for** redemptionvere fixed. The derlgn8ted p18CO8 for mdeeptloa vere the Offloe of the St8t4 Tre88UZV?, Awtln, TeX88, Or th8Aurtin w8tIOM1 Beti, **Awtin,** TeX88, Or tb, Ffrrt RrtIon81 Bt:aklnD81188, D81188, Texrr. The order dlreoted theCowtr Tre88urer to glw notioe of Intentloo to redeem thebond8 la the folloving m8aner) "er the glring d thirty d8r8’ notice lavrlting to th8 

## orrio Orthest8tO **Tm88umr,** 

## Audtin, Per8r, theAwtln B8tiOn81 B8Uk, 

### Awtln, Tex88, th8 piplt IatioNl B8nk in De1188, D11188, hX88 8rd m publfO8tiOn Of 88id U&toe IU 8 rh&8mi81 jOUrn publl8hed la theCity of Icy York, to-vlt: The Bond B-r."gonorrble C. 

### D. bImmon8, **P8ge** 6

***I8** 

### d8pO?tPlrnt **h88 th8**  

### oertIfIo8tr o? the County Tr88rumr to the l ffeot thrt th8 notlae

### VII mllod to tbr namedpl8088 on Julr 8, 

### 1946,by mugi*kmd ~11.

It 18 8 **geaorrl** rule of 18W th8t If redoes8818bond8 do **UOt** 

### 88t **Out** 

### th8CCUditiOM **Of 0811,**  **8** m88OMbl8 **nOti 18**  **l ’** **OqW8fti.** It **i8** our opinion tht th4 not100 **under** 

### OONIdOr8- **tlOU i8**  

### m88OMbiO. Blcrewer, ~0Ur letter Of **mquert** v88 80- oomp8nIed br 8 0097 ob ru8h notlo8

### vhlah **VII** 

### naelred **by the**  **UniVW8itJ Of**  **%X88.**

**YOU 8pI,**  

### thePOfOIWI, 8dvI8Od th8t WUZtV0 **qW8tiOW** 

### 8~ rn8vered 88 folhrrr

(1) If **th8** 

### deolrlon In the T8rv8ntCounty a888 18 **not** 

### chmaged to **tb ootztrr~**  **on** 

### zwho8rIng **or on**  **rpperl, tbs**  

### ffr8yron **COUUt~** b-8 **8L,** 8ubjeOt **t0 ?** **‘ @dOmptiOIL**  

### ,tirIolant(2). If the 

### bond8 (II*,ndooPrble,~the notloeof 0811 18

. YO 

### lV@'Btth8t VI 8re 

### uNbl0 t0 gin 8 MOW definit.8 **8cwver to**  **tour ’**  **rf?8t** quertlon, **but until**  thedf8pO8ltfOa ai the 

### Tlrrrnt Ccunty 0880 b8cc8 

### derlnlto, ve **8~8** 

### 8810 to 8dVi80 

### only **UpOU**th8 OWti~WiO180 herein OlrpIWlSed.YOU 8lW **fWth.r** 8dvlmed th8t th8 tr8n8orlpt Of Qr878on County, Tex88, **Road** 8nd Bridge Re

### fW%IiXbg

**BWd8,** 

### Series 1 **?** 

### 6, (vhloh **819 to**  **ntund the**  **OUt8t8nd;Q?** 

### bond8 Ofth8 

### 1923**188u.3**
**, h88**  **been 8ubaltted**  **to thlr**  deprrtment 

## ror 8pp?OV81. **?hi8** department 

### vi11 vi&hold it8 Oplnioa on this **i88UO Until**  **th8 iiD81**  dIlDO8itiOa oi the 

### -WItit COULt~ 8880.

**A8818trnt**