Untitled Texas Attorney General Opinion

PRICE DANIEL ATTORNEYGENew April 19, 197 Hon. Paul R.~Bmnm Opiaion R0. V-156 secretary of stpt@J Austin;.Texas ! Re: The euthorlty of the Sk- re$ary of State to a0eept, sis.psyaent. for~cepltsl stock, legal aervlces ren- dered before the filillgof Deer Sir: obai-tta~~spplicrtfoa. th6 foxi&ag w&a ior AiR. xy xy. co. v. Grar&w, .Texas350;' 4cAllster v. ‘&Clipse Oil Co., 92 S.W. (26) 545; end 8 T.L’;& 20&. . .:: ‘%~a tbe'rttoraey~s Sees ~aadeti theSe o.b- cumstewe.bbe.scoepted by thla.ditoe a8 pep- meritfor oopital stwk?" The NLQ bf XuW #Qlioeble'to the fact8 abWe met forth La Meted la the lnirshin the case of Heok- neg V. York, la s.u. (28)92 "?;. "rt was cle&~Qg held inW@therford, M. W. % N. W. BaLlwey Co..v. Qmnger, 86 Tex. 350, 24 8.~. 795, W&n. St. Rep, 837, that theofeieo.fsa attorney IIn advising 8s to thexwtid%es of iuco~aratloa aad in cor- rectitqj end preparine:tb&e~*peF' aoulB "t :. Hon. Paul H. Brown - Psge 2,~V-l56 be charged egainst the oox-poetloneiter the flllag of Its charter, id the absence of e provlalon In the statutes or in the articles of lnoorporeflqkorotlngthis burden upon It." .. !Cheattorney'sfeesfor such leg81 services., 08MO$ be aooepted in pert pa-& or theol+taZ st*lr;... of sold corporatiou.' SUMMARY Legel eemlces rendered prior to ln- oorporatlomdo-not oomitltute labor done a0 as to oonstltutepeyment of nepltal stook subaor%bed sWi~~ttm:p*~~visione sot . Article XII, Section 6, 4?otm$itutOn~ot"). -. Texab or,Artiole1308, .RevlsedCivil Stat- tltea1pi wyv,, 1925,; ..~ Ai . . ,. 1’ .‘.’ I:. : ..,., ‘~ ,.