Untitled Texas Attorney General Opinion

I , THE A~~~ORNEYGENERAL OF TEXAS WILL WILSON ATTORNEY GENERAL July 3, 1937 flonotabla J. M. falkner, Commissioaar opinion No. WW-159 Department of Banking Au&in 14, Texas ltc: Would the plan by rkieh the trust cgmpany purahasaa and owns at least 3Ts of the capital stock of two er mare banks be in vfolation ef Articla 341-903, V.C.S., or the provi- liona of Article XVI, gectiem 16 of the Constitution of tha mate of Teur, even tkeugh a0 officer or director of the parent bsnk would be a mamher of tin IBarrd of DirrcWore of the knke in which capital dock is pur bar Mr. r’alkner : chased? and…