DocketNumber: O-6315
Judges: Grover Sellers
Filed Date: 7/2/1944
Status: Precedential
Modified Date: 2/18/2017
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&