:
P! *..,:*.-
M&
k,: OFFICE OF THE AlTORNEY GENERAL OF TEXAS
I
0 AUSTIN
e- G MIWN
A---
Dear Sir;
, go0 r~#sr to cur
lW9, '&6d wimh to
moor& aanh trum-
44th hglaittlro, utier
the follodag pro
lwyDrpeu=tmuit
Rn4 Rcceuats -or
hdnrl@ of both
tias undrr 8. 3.
ob a n6w e+peoirl rune in r&e
~‘8 Fun4 Lodger etgl+d *Stat8
reamirar Trustee - IlmAml A88688Psnt
Assoclatbiona* to rseorel roooiptm an4
withdrawale of owrrnoy dspositsd
under 8. 8. 13s. TM8 fund to@thsr
81th tha Qensral Ledger aeoount et
SeouXitie8 p1&&8d roul4 l’0X-athe eon-
tro1 f-or z!otall6u rec\cwQa maintains&
&snorable z88#8 f8iW.8, -8 8
by ti.h.
Boa4 Rviaioa. Identioo.1rooard8
wuLa be sot up by the State Conptroller.
“fur’rmH~]r MlCMfpt8
daporitod in thm II~W
Mate fund.w~l~ bd 90 drpooib& uParr u8prr8it
Wzmmnt isrusd~bg the St&t* Cwptrollrr. Th6ra
2'8C81 t8 WORM bc,'pltwed on bpoiit by the 'bra-
stslL&blr 8*~,WiltWy bank@ under tr88Wlt
8uur 'p.-
re8trlotiail.
qit.b&8W&lr, of 8#&8b by Aesoalatlan8 W@ul&
be del~retwi iI%th8 ~&WE Of 8 stat8 bkWWNIt, r*r-
qUOSt.66 by th8 TXeU8W8r, io8Uad by tb. cw-
troller uaQ si@ob by the ~rou8UruTr When 8uoh
nrrrant 18 proglrly 6ndomo&, paid end oaaoallod
by th8 Wa8uru, a &rrPanent 46~6 lretlag moor4
.mtaLd be hold by t&g Sate or oaoh samheu4
tM8aQtlOn*
"With 8OUW4 l@OoUnti~ pi'OOWiW8, aodit Utd
,oontralin i&M, *~a 8inouJy requcs8t your *6-
Vi09 in &U&&L& Cho 08aa@ OiStliAd abava.”
(_.'
Thb k&l8ljtulv Bsa not 6naoteQ q rcroent *tat-
“icu8 ~hlatlng. k, zho rmow.d~*boeh kept by the %ats Trreuru
ap~oiilorl~ rauti tb th8 a82I tM8t d8,pDfSit8rUChOr%Ud
u&u 7'
fhetlom 6, A*.ple 6~1, V8raon** kaaotutd Cldl.
8ktUte8. It i8 amet thmnlras thst t&a L@*lalnCpra 6b6-
trplstd the preakqt~rsof@4@, ma& a*, the gmmrel lo&&m,
a daily po8tla..:'Jou~nsl,. oaok balmaing book8 and sesurttla~
lW,gi8t8r (&tiUb8 b&, 'hf#1$,da%+1 aad ,&+08, vO1?111On'8!h-
Vi#md %thltO8f 88 aVaflabl6 in Whiab to ltstUp prowl’ U6OOWt8
utadr .IHQ?Eprop&t8 8MOimtini4 netJmd aoVUin& the aarrh de-
paeftr in poartioa. krtla'L8 4SVQb, Vsmon’r~ Anaotatad Civil
6ttl.tUt88, WSSed 8t th8 O&PI3 #WdOn 8t the h~f8%8tlU8 i0
rrbiah Seaste.Bfll 1% maa ps8i!@, $068 not apply to 6b8 eroh
d8pO8it8 i$IVOiV6d it~O&W QphfoQ ifOr c-f%% Lad hr?xe U&U db-
au68ion. k8 stlitQ6 ir; tk'it8~p~Oll, thO86 d8plUit8 4M *i(lr
the pmfeatlen of thr publia $msrallya . e . atad &&I *ia ttnrt
a8 a epaoial fund for tIa8 pU?3l@8*8 86t OUC 15 8&i& rtt4tUtO."
Bach tU&8 are to be dfrtiagri8hed frtm it&i8 b&saetig: t0
EWJi~i~litiO8 OF pOlitiRU1 SUbiiiViSiOR8, 8UapWSU OX 8ttkt4
fUlUl8. 720 find no provt8lon ‘icw tho Co2igtxzll6r or hi8 or!308
to ororol8e any authority af8r the eadb tu&b fa BUaltf%
thma&s tha kaepin& rrfany ~3816, druwing *r&PrdBtII016 othr-
Wi88.
be undorrtood u s$p?ovfo(S OS di8approrLng S&J On4 ar mom
4f ouoh st4po in the prooedure outlined. Ho 8lziply i318ap-
prove th4 yro;o84& aeaounti~ siethod in ltr ontirsty as muno
444b t0 apply the yrOc4aur4 8ppiltm14 to state fde to
the fun&s it wontion by authorloing tbcslr depoolt in Steta
dopoeltfadss 4~:: 8ubJeot to rrplrreot8drew by the CouiptroU4r
of’ th4 ;Jtut4. i,
It 18 tkarsfore th4 Opinion of t'hi8 dsg4rtment the4
8uoh an eooollntfrg 8t4th0a for ~84 by the &6tb mmmr4r whhish
oont4m~lato@ and the roquitor
~84 or'~rrnete ls4uod by the
Uolrptsollor or hl8 oooouating rroorde 18 Art authorlzod or
lp~llceblo to $ho 448h itI d it8ltsd U&Or the plW18iO48
4?s68etiti 6, APrtiOiO bo66d, %4mOR'S bUmt8ted GiTil &at-
utu. &U o&dQioa. HO, o-l%% 18 'UQttO b4 #O iMafpr.tOd U
authoritiR& 8uoh metbad OS R8 .pOlmittiR~ 8UCh fLUI to b.a
aopO8ited mador the *tat4 W~aitory Ur.
Poor8 very truly
l?iOV?ZD
MAY 9, 1942 A'fTornsI crml?Rni::t
OF y!iu%
- ..,c
ATTORNEY GENEIRAL