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 reooitr aw reiauasmttoa for hlc eervfoear
ll. Does the paymat OS the 1.H out OS
6hbr first JIII’O aooruoO interest on the indl-
282
any ruoh mrohur, ~1. or loan, HothIng
oent*laM In thlr rrtlolo ahall pnvea# a
iif0 ln8urnnoo oorporatloa rrm mnklng a
lmn upon a polior hold therein, bl the bar-
r0m.P Dot ill WOOa Of thr 108rPT. V&M
thoroos. 4 perron riolatl 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*, rooidoat ME heelth lamraaao own-
ps~A~8 8ad cl*flainu8uso; and to authoris*
ruoh rcqanie8 to traa8a.tbualaoro la tha
State 8S kurt to autherin* other lib oom-
pander inoorpowted uadot the lmm of other
atit-, Tb r r ito r la
llr ooPntolo8 $0 traaa-
#et budnear in thir (Skta)l to rsgulatr
tho buslne,sr of 8uoh ooapanir8~ to dofIn@
the &otlor uih paror of the Ooamiedcimr of
~BU~TMO~ ~6 Bunkfngata girr to him au-
tborlt~ to irsur, ru6Jwn4 end rrrcrhoperElt8
to 8uoh 00mpmle8 to tmumt bu8iao88 in
tldr Bkta aad to apply for the appointslent
o f l rooeltor for ruoh osspanio8 when they
beoom0 I&~re&~ 6OfiBily the mot&d Of (LCI
rlltbg at the valor of parsoaal property of
aueh oo5ganio8 for purpoer or State, oouaty
and rmunioipal taxatloa, W erenptina ruoh
0om~108 SPW an ocoupatlon or gPoom rsoelptr
tax; to fix the ritu8 of perroiml propeTtY
0f rttch oamp~a.ion for purpose or taxation;
to pepwiltthe depoalt of aeourIWr8 in the
ofrior or the St&o Tmasumr~ flxin$ vonua
krgoP4blO tUUo8 It,r**t8,, -8 b
OS 84tS Md PrOTiding tha luck04 Ud VI
Of SOiOS Of ~I%OO88~ Pt'OVidiu ~O~lti.8
for tlOlatiOn OS rho pr~vI~iOn# of thl8 Aot
x'e~tiln& all 1aUS la oonfliot hordth# d
doolarlw ui emergoaoy.~
Ml610 4823, 70ra0n'S AaYiOtatod?eXtl#airi &at-
UtOS, Z'UdS a# fO11mSI
‘mOOpt 88 hOldI rOtld8d, muoh 8OOiOtiO8
shall bo ~0vorn.d br thP8 law, Mad #ha11 k
ouapt from all provlsio~ of tho Iaauranoe
lEW# of this StatO, not O&f &II ~Ov.rarPOntti
roletionr rith ths f&at*, but for rv 0th~
pUX~0s.r HO tiW heroaftrr lM0t.d SW1 lp 4
~tOt-Ot~;3l3"8 they bo ex~2’esr~ dosigoati 8
The enal rtatutes rolatln~ to Smtomal boaoflt
moiotio8 (LIY1rtiOlO8 581 t0 58 , ti010~i~8, fOl%On'S k-
notate& TO=@ p8Ml m@. Vii. 8tUttUt.S F%@S b#
smtomal boaotit aooiotlor era found in Ohapta 6, 1 itlo
78, Vuaoals Anmtatod Tom8 Old1 Btatutu~
It
ha8 buti broadly u$d by the Buprem@ dourt
that tk0 Tight8 pOWOn spd Oblations Of beEIOf$tWO~Ot~O8
MO &oterriU~ ty rUks# Of hW ~OtiiUil~, if Wt UtiWiTO-
If, applioablo to them and the laplltr of their lo tio a 8
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 wma-
what 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 as8ooIetlon 18 an In-
i~~*aonganf In the ordlnuy aooeptatlon of
that term* The rohtlon of orrtifloato hold-
lr8 - n8 dlrtIa@Iahed from apolIOy kO1darSw -
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 ia-
IOFOBOO* Th. OAR in rlow 1A ltta la ob a
tho porooutloA or (lirrrront matw, ra,
sobJoot io tho lg~r~val ot the home oi’iioo,
ror ecltnblirhd prahm reta8, vaw'lry *o-
soding to th hams4 Ol tho rlrk, Tho
pollor or thr olarr with whloh n lra awl,-
iry $0 to Or&aaiU uid lrtablirh inferlo?
iOdi308 OOAdUOt+,.kAa pmAiQO& 0~03 by Orfl-
00X% 0 i OOtOd rPOa It8 AOAbOrOh& tIbD80
duty it 8Olieit ammborr,
ir to 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 t 0 p5t3At Or
OOrtdA re08 and daeer,npro~oat mg the
praalum ahargo&@
BPothorhooU of Railway 'bibm0A Ve WOWi, 79
s. W. (26) 886
285
mblo t@808 t,
ft 18 OW OpfAiOtl that A.d.1. rn, fWlNXi’8
&&WtatOa TOXU POti oOd0, dOO8 Do t l P & Ylo Ir dNM a
boAOrft 8OOiOtiS8 Or their OffiOW8. 40 thoraforo a8wor
APPROVEDJUL 7, 1942
ATTORNEX GliXERAL06:TEXAS