Texas Attorney General Opinion: V-1089 Page: 1 of 4
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I'
TIIE ATTORNEY GENERAL
OF TEXAS
PRICE DANIEL A A
ATTORNEY GENERAL
August 18, 1950.
Hon. A. G. Mueller Opinion No. V-l109.
County Attorney
LZano County Re: The authority of the
Llano, te'am Comissioners' Court
to cash Gover net
bond school fund in*
vestments before sm-
tuwity an reinvest
in indea.r en t school
istriot bonda having
Dear Mr. Rusller s a lover interest rate.
You have rquestod an optUnaon of the Attorney
General osnee~ral S the authority of the CommissionCrs'
Court to sell at a dIecounat Unt 4 States Goveraeat
hads bel2~Mng to the permanent school fmd of the Coun
ty in order to invest the poseda to bonas of the Lano
Indepesdeo t SebS Dietriet whieh voeld yie14 the perni-
Rt abeL fu4s l ower pate of Lantoretthan the United
dovefsnt ead.
S etIas 6 of Artiole s V or the Qoastitution of
ase perdes
"All lands heretofore, or hereafter
gaaed to the several nowatles of this
rte fop etueattI a purposes, are of
right the property of said counties e.
spectively to which they were granted,
adt title ~hreto iL vested in said sooa
tee and so adverse possession or is-
itation hall ever be arvlable against
theo title of any county. Baoh county may
sell a' dsposo of its lands in whole or
ia pJap in mssnem to be provided by the
Coarteeionens' 0ourt of the county. Ac-
tual settlers sitin g on sait land, shall
be pwkotnet* i the por rrg tb of p'uahas
ing the same to the estaot f their settle*
meat, not to exceed one hMdred and sixty
acres, at the price fixed by said couot,
whiob ptin t hll not include the valmw of
s riing ire mvesnts ade thereon by seub
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Texas. Attorney-General's Office. Texas Attorney General Opinion: V-1089, text, 1950; (https://texashistory.unt.edu/ark:/67531/metapth265907/m1/1/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.