Case Information
*1 16Y OFFICE OF THE A-ITORNEY GENERAL OF TRXAR
AUSTIN
Eonorable George H. Bhemsr4
coaptroller of Publlo Amounts
Auetin, Texar Dear sir: apinion HO. 040 Rsr F?ayment of warrant8 in
the order o
In yous letter OS ya
the dairy Sor the,Auatin state
LherarmW 0 of any other Artlola 4586,, Ve~mnta OlrU~Statutea, read0 aa follwzrt
"All warrants on the Stat0 Trmwmy ahall be genema warranw, an4 aihald be on an aqml bsels with oaoh other Oacaspt that in the event *2 Honorable George H. Sheppard, Page 2
of 0 question an4 the neaeasity arlslng a6 meat of any suoh uar- to the priority of rant, they&all be EL in order of' their aerfal number auoh ruTrant to be numbered at all timer In the orber of reoelving the acoounto in the Cozptrollar'e otfiae. . . .I
Under pour statesent of fmts, in thla situatton there aan be no question and neaesaity arising 88 to the priority of payment? of warrantrr, for the righta 0r no par- son6 othemise entitle4 ta priority of paymnt of warrant0 held by then OILI be in any aa::ner prejudloed by euoh a tram- aotlon. You are therefore advlae4 that, fn our opin5.on. you may aooept this warrant for deposit, and the Treemaser ~111 be authorized to "pay" the same "ahead of call" by edjusting ix&f3 aocountta aaaordlngly.
Thltr opinion, or oourse, is not to be oonetrued am approving such a transaotion in any situation other than one of the i4entloal type pre8ented for examination la your let- ter.
Ycure very truly Al’T3RRFX GENlPZAL OF TEXAS AppROVEi;~~ 2, [1940]
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A~~~~EY GENERAL 0" WXAS