Untitled Texas Attorney General Opinion

OFFICE 0~ TIIE A~ORNEY GENERAL OF TEXAS AUSTIN Honorable T. Z. Hllkineorr County Auditor, Hill County Elllaboro,Tsxae our lrrr are thoea a r th o r lsed 1 Oounty, datb4 April 10, ta si S$ per enmaei, and whloh ~oialeeloaece’ Court of thm able to be darlvti from the #alo netruotlon and maintenenos It now apgwwe that a oh bonle. end: the oouty de for the rate thsroor and he rroelrrd to enoh ldr er tl#ment. hat Road Dietriot lfumber 6 of Hill County in the aounty, Artlole 066&o? lbrnon’8 Anno- t8tad aitil 6tatute8, would oonetituto the l.rgal airaotioa for the lele of luoh bode. Thfe artlelo proridoe that, after ap- proval ard mgietratlon a8 provided by law m>atirb to 0th~ bonde, eueh bond8 ehall eontinue in the ouetody an& oontml or the Coedeelonere’ Court in the oountg in whiah the+ were . leeuod and shallbo by raid oourt sol6 to the U#hwt ld bert bhr for oaeh, olthorin rholaor la mroc)l8, but at aot 1err then thrlr ? value, ad tha po?ahaBr moarr thorn-. fu .rplu, b. J.urb the Ootmt~Tparartfog rusheount~ E td~thr.~6rdlAf bha'avafld%laroad~iadl ror euahp01101041 eubulildoror-xoa4IIli*rlot. 1% will be awn thatthr above rtiituto rOquir0thelbvrrtlrmuntfor bldrl %he only '~'oO~%ot du$y lmperd upon the Qoou#e~lonerr* Court with @fwonor Co thr eala .idroad dietriotbolld*le WI&&* rousf~ehaU rul aeld bold8 to the blghet dnd.bert .'blbdor for;m#W&t not leer than the par value or tW .:boi#r. ’ ‘I ~. ‘i.~