“49. For any one or more of the iollew- ing prpoaeo: To aoouinulats and lend aon*p,

purohaes, sell and deal in notes, bonda and

securities, but without Wine: and dioaoW.it- fng privllegae; to sot as trusts6 un&w any

266 to thaz by oon- errpress tzxst comiitto~ lama traot an& a3 agent for ttr0 periorkumoe of any

l.w~ral sch."

Artlclo 71454evioed Civil Statutes, pmvidss that 'all property, ma1 , prsCnal or tired, axospt 3uah as nay be hereinart~3r exp,ress1y l3XdE;jL%d :s subjeot to taxatgcn, and the sum shall & renbar~d and listed as herein deswibad."

Article 7152, Bevisod Civil Statutes, prasoribes the mnmr in wIiich property shall be listdO or rendered, 7170, &WiStd iZkOlUdin& t.Ont Of 00r~~~t~0llS. UtiOle Civil Statutes, tea43 a5 followar

'All property of private aorparations, ax- aapt in aas88 wiiare sorm other provision is made be aasossed in the nam IP tha aor- by law, &all poration; and in ccUeotin& the tares on the cane all the personal property of suoh corporatisn

shall be liable to be seizad whgnsver the aaae may be tomi in the anunty, and so16 in the same saner as the property of fndivi&uals my be sold for taxes. All otatewmto and lists rmde by oor- poratisns tLa;nt are required to 5e sworn to shall be verified by tha affidavit a&M .uignattws of the secristarp of said sorporation, and, IS thay have no seoretary, the offfoer aho dlsoimrges the O.zties of sacratal-l of said oorporation.*

Sinae our statutes provide, no exoaption SOP aar- porations areated uniter subdivisions 48 and 49 of Artiole 1302 frcm the >roViSionS of kX%iii ;irttQlS 7170, that Statute governs the oasa whhioh you inquira about. Such corpora- tions should be rquired to pay taxes upon the real, per- bional an6 mixed property belonging to it.

Yours very truly Al'TOWXY GEBZRAL OF TEUS APPROVED MAY 3, 1940 , . _

6PINION C coMMn-rE~ APPROVED 42-s