Untitled Texas Attorney General Opinion ( 1946 )

GROVER SELLERS AUSTIN 11.TEXAS , Honorable B. F. McKee County Auditor',Hidalgo County Edinburg, Texas Opinion No. O-6972 Re: Necessity for Attorney General's approval of common school district refuning bonds and their registration by State Dear Sir: Comptroller. Your recent communication to this department reads as follows: "On April 10, 1921, the Commissioners Court of Ridalgo County authorized the issuance of County of Hidalgo, Texas, Common School District No. 9 School- house Bonds, which bohds were approved by opinion of the Attorney General of Texas, dated April 13, 1921, registered In the Comptroller's Office, page 349, Bond Registry, Volume 24, Registry No. 5959. "On March 10, 1921, the Commissioners Court of Hidalgo County, Texas, authorized the issuance of County of Hidalgo Common School District No. 14 Schoolhouse Bonds, which were approved by opinion of the Attorney General of Texas, registered in the Comptroller's Office in 5950 Bond Registry, Volume 24, page 350. 'On January 10, 1926, the Commissioners Court of Hidalgo County, Texas, authorized the issuance of County of Hidalgo, Texas, Common School District No. 17 School- busq Bonds, which were approved by opinion of the Attor- ney General of the State of Texas, registered in the Comptroller's Office, page 129, Bond Registry, Volume 29, Registry No. 9141. "Part of the bonds were paid off, but a total of $18,003.03 of bonds remain unpaid and the various school districts desire to refund the bonds, reducing-the in- terest rate to 4s and making the principal payable forty years from the date of issue. Honorable B. F. McKee, page 2 ,” Question: Is it necessary to secure the opinion of the Attorney General of Texas on the refunding bond issue, and is it necessary that such refunding bonds be registered in the office of the Comptroller of the State of Texas?" Both questions submitted are answered in the affirmative, based on our former Opinion No. O-3856, a copy of which is herewith enclosed. Very truly yours, ATTORNEY GENERAL OF TEXAS APPROVED DEC.14, 1945 By s/ L. Ii.FLEWELLEN s/ GROVER SELLERS Assistant ATTORNEY GENERAL OF TEXAS LHF:EP AMM APPROVED Opinion Committee By GWB, Chairman