Untitled Texas Attorney General Opinion

OFFICE OFTHE All-ORNEY GENERALOFTEXAG AUSTIN Ronorablo Charlay Look&r6 StateTreaauwr AUOilt.Texa8 Attentiont ur.zmllsttrk De& sir: Oplnlm.Ro. o-i017 Rot whothormpplmotttal iben- tuu or tntlBt18 subjoat to rtug tax We In *oh yap Haaorabls Charloy Loolchart,Pago 2 +d8 or trust8 8poiriiail4 00~0mtd by th0 ft2-0 8tatute. Thu030r0, the 8upplmimntalindanturo upder ir ooneldiratlon I8 8eouritr for an obligation- that I8 lr l lion Intorut I8 omatod by the Instrumnt - then It 18 8ub- jeotto the tax. The mpplemntal lnduituroreoltefithat the orI&ml lnA.nture o ftr ust useleouts(l In 1927 to 8ooure bond8 oi tho GItl.8 %rvIO8 01% Oompuy. 10 al-0not ranlllu with the tom of the erl&al lndontura,but wo gatherthat it oontalnd pm~I8Ion8 oorerlngafter-aoqulnd propertyad ru+81618r7prop- utloe of the Oltlor Servioo Oil Oompany. .' ' The 8upplarntal 1udantux-a molterr-thattha Cltlu _ 3oknioo Oil Company propoar to aoquln 8ubbrtant&lLyall or the ospltal 8took ottho Indian TerritoryIllualuatlng011 Oompeny,uaaWmreaft8rto ~ooqulreallooithe propertyand u- 8otr of the ;qw, nubjqot to it8 llabllItle8. & lltomt oontaln8 proTl8lon8to the &met that u@It. the noto o~'t~'b&lur loapeq k, the -ty Fnuo Oam- puty OS RcrrYork 18 pal&,.thoIadlanOohpaay18 not to bo dna- e&a Sub8idla# wmpuy a0 thatterm I8 u88& ln the orlglnel ln@ntw o r a ny lup p lo mnta l lntlenturm~ that nono of the pro- TIel&neinthe or%&ul ormx~lanntml lndutturo shall bo plloablo to the Indian oompauy~ thet % if tho Mtior Sorvioo 0 Wmpaikylo q ulr8ub8tuxthlXy e8 all the propmty~aud u8ot8 of $#LOfiidlanoompntay, then tit11 the notm 1s pa& nono or 8uoh propertyor a88ote or lmprovmmt8 8hall bo subjoot to the lieu et~tho’arlginal lnbnturworany 8u,$plomuktfhoratoandthatno holdor okbona8 188ueaunder 8uoh inrtrumont8 8h8ll have 8ny 01aimt0m. mr x*18 8J.80proTlumathatth0 Truetao *hall 8tampon aUibondl outrrfg&Ungor ho16 unI88wb that they ar8 lubj00t to the pzwI8lom8 or this 8uppl~mentallnaentuu. k i&to tror the inrtruaont a8 ioilou8t Honorable Oharloy Lookbart, page 3 qupplomontilchord&, all pmrielonr thereof nlating to a Bub~IbIuy a0npw 8hdl apply to Indian,urdtho Oom:.~ shall forthwIth IW&O or omso to bo m&o the pled&o &wquIred br Soo- tl0n 20 of Art1010 1x1 or the original Inden- fur... OM it be 844.4 tht this itutr-t 18 SOOUl’itt iOr an obligationor that a 1100 intOm@t 18 herobf OrUt@d? WO thlah not. It18 am-0 In the nature4 0r a nlearr. 3’hl@ plup- ertyroulildp?obnb~oomewlthln thetarPl of the origInal In- uattur0 but for thi8 lnmwmtt. Thu~roro, the 8upplemaaW inbOnturo6oa8nOtaddta the orIgInal Indanturo, but,oqtho other hark&,taku from It. 3.uvia or the r020gh8 yap ICO nepeotfu4 ab vi004 that the 8qpl-ntal MUW?&botWOon tha Citia8~88~ TiO~-o~ &31Sw tithe a&SO 8t&tiOMl &Uk, a 80 or rhi8h mu SUbkittOd t0 1u, im Pot SU@jOOt t0 th0 tu 10 3 Od by ArMolo 70470. WoherowIthntOntthe lrwtrumnttoywa. . I Your0 nry t* our80 R. spar&