16Y
OFFICE OF THE A-ITORNEY GENERAL OF TRXAR
AUSTIN
Eonorable George H. Bhemsr4
coaptrollerof Publlo Amounts
Auetin, Texar
Dear sir: apinion HO. 040
Rsr F?aymentof warrant8 in
the order o
In yous letter OS ya
the dairy Sor the,Auatin state
LherarmW
0 of any other
Artlola 4586,,Ve~mnta OlrU~Statutea, read0 aa
follwzrt
"All warrants on the Stat0 Trmwmy ahall
be genema warranw, an4 aihaldbe on an aqml
bsels with oaoh other Oacaspt that in the event
Honorable George H. Sheppard, Page 2
of 0 question an4 the neaeasity arlslng a6
to the priority of meat of any suoh uar-
rant, they&all be EL in order of'their
aerfal number auoh ruTrant to be numbered
at all timer In the orber of reoelving the
acoounto in the Cozptrollar'eotfiae. . . .I
Under pour statesent of fmts, in thla situatton
there aan be no question and neaesaity arising 88 to the
priority of payment? of warrantrr,for the righta 0r no par-
son6 othemise entitle4 ta priority of paymnt of warrant0
held by then OILIbe in any aa::nerprejudloed by euoh a tram-
aotlon. You are therefore advlae4 that, fn our opin5.on.you
may aooept this warrant for deposit, and the Treemaser ~111
be authorized to "pay" the same "ahead of call" by edjusting
aocountta aaaordlngly.
ix&f3
Thltropinion, or oourse, is not to be oonetrued am
approving such a transaotionin any situationother than one
of the i4entloal type pre8ented for examinationla your let-
ter.
Ycure very truly
Al’T3RRFX GENlPZALOF TEXAS
AppROVEi;~~ 2, 1940
RwFrGa .u
A~~~~EY GENERAL 0" WXAS