.^
OFFICE OF THE AR’ORNEY QENLRAL OF TCXAE
AUSTIN
Honorable Charloy Lookhut
Stat0 Treaauru
Aurtln, Texas
Dear Sir:
._ . . ., :w0 w0 in rwm~*~or
opiliionupon tlia iollwln& qu*
reatsd:in.Natf'o
mold br the Uni
tad Civil ‘Statute8
l duty or investing
ouund Dollarr
bond8 l8 u e 8u th o r lr a d fo r invr mtmo nt o f th e
Pamnont School JUIM.~
olaam of meourltiea autborlroa for intmmtmont of
?i!ho
perrrmnentpublic irea school fund8 16 ioUnd i?~Artiola 9669 Or
Vunoa*r Annotated Civil Statutes which reads as follows:
.
Eonoabla Gharloy bokhart, Pago 8
‘Tbm State Board Cc Bducation la 6utborlred
end &owarod to lovaat~ the parmanont pub110
.frao 6obool fund6 of tba Stats in bonds or the
Unltad States tha Bt6tm of Texea, or any ooun’ty
~haraor , and ha indapandsnt or oomon school
dlatrlota, road precincts,.dralnage,lrrIgatIon,
nevl ation and laraa diatrlot6 in this state,
and f ho bonds of inoorpordtedoltlea and towns,
ga;bll tiona and pledges oC the University ot
.* f&deraoorlng ours)
The National Defense Bondo a5 to which you inquire
are l dlraot oblig6tlon oi thm United Statma Oovarnment, and,
therefore, lq our oplnlon luoh.bonda undar the authority of
Art&o10 9669 legally bo pmroheaed em ti intrartment for
; ..-.*a9 .+=Jw*, "ir.aJompwry ?Qilaed : ',.
;. 1, ..
Talimtlugthat 'ho ip~olug r8tlar4otorllyamwar
y o u r iu q u lr 7,%a lo
Youra vary truly
,"
APPlfOVlt~ JVLY‘lB';
'l?il'.' ATTd&Fi Cl!Nl%ALOF T&AS. "- '
. . .
/a/ Orormr Sallua
FIRST ASSISTABT
ATTO8mlY
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