Untitled Texas Attorney General Opinion ( 1944 )

OFFICE OF THE ATTORNEY GENERAL OF TEXAS
AUSTIN
Honorable H. A. Jemlaon, Commlesloner
State Department of Banking
Auatin, Texas
Attention: Mr. I.. S. Johnson,
Deputy Commiaaloner
Dear Sir:
his date been
or.~theJJexlco Nat&ml Bvk, oommonly known as
Btinoo’NNfon$l of bf8&&?6 City, the branch being
located in Juwez kiexlco. The operation has to
do uith th&ahe&g of American money into Msxl-
can specie end mrrency and is reported to us by
Mr. Potts tc* be axerolaed in the following manner.
*. ..I i
ROurr&tlj’there are nuxbera of k!exlcan labor-
era belA&spcturned to Mexico by train and it is
reported by Ifr, Potts that the operations of this
bank, throu&h its representatives, lnolude the
posting of sigma ln the various cars in which these
::sxlosn laborers are being transported, giving the
Aaae of t?e bank and other lnformatlon in oomeo-
tion with the changing of money in the MexioaA
1anCuage. ilr. Potts also reports that repreeen-
tativea of the bank advertise themaelvee as such
Smorable !1, A. Jamleon, Page 2
to the ssld Mexican laborera and he terms this
3s being u&air oompetitlon, upon the @OUAda
that the Bank of Wexloo has no right to perform
this function without the OOnflnes Of their own
territory or partloularlp ln our State.
We are enoloslng the letter of protert
nhloh we mantloned above together with a letter
Of OertlflOatl~ over the signature Of iToe C.
Zollinarp, City Lloenea Colleotor of the City
or 21 Paso, Texas, oertliylng that the above
XAtiOAed bank hae besn granted a City Ooou-
Dation Lioenee by the Llcenar Bureau of the
iXty of %1 Paso, Texas.
*We seek to determine from your offloa
whether or not it 1s our responsiblllty to
investigate or take anp aotlan iA reepsot to
this letter of protest and request or Mr.
Totts and will appreolate your renderlAg a~
opinion in this regard.”
The aotlvitlse of the branoh bank with reaprot to
exobange oarrled on IA this state do not present any questian
calling ror aotlon or eny oharaoter upon the part of your
department.
Ii the lnrormatlon contained IA your letter preeents
a question for any department oi this atate, It Is the Attorney
General’s Department. We thaAk.you ror your thoughtrulAeaa IA
bringing this to our attention, and we shall avail ourselves 0r
the IArormatlan which It oontaine IA the event we determine
that suoh taots oall for our aotlOA.
Yours very truly
OF TiZ%S
AT’l’ORNEY``N?3R&