Laserfiche WebLink
<br />~LO : <br /> <br />KYLE AND WALKER <br /> <br />ATTORKEYS AT LAw <br /> <br />FnloST NATIONAL BANK E'CII,nJNO <br /> <br />I <br /> <br />HENRY G. KYLE <br />AJ:.lIERT ~1, WALRXR <br /> <br />SAN MARGaS. TEXAS <br /> <br />March 14, 1966 <br /> <br />Mr. William Wolff <br />City Manager <br />City of San Marcos <br />San Marcos, Texas <br /> <br />Dear Mr. Wolff: <br /> <br />I <br /> <br />You have asked for my opinion, as an attorney, as <br />to the validity of the City of San Marcos General Fund <br />Current Expense Warrants, which the City of San Marcos <br />proposes to deliver to the State Bank and Trust Company, <br />San Marcos, Texas, in return for the loan of $60,000.00. <br />A copy of the proposed warrant is in hand. <br /> <br />Please be advised that such warrants, in my opinion, <br />will be good and valid upon the passage of an ordinance <br />by the City Council of the City of San Marcos authorizing <br />and requiring the following: (a) The borrowing of said <br />sum of money from the State Bank and Trust Company. (b) <br />The repayment of said warrants during the fiscal year of <br />1966. (c) The execution and delivery of said warrants to <br />the State Bank and Trust Company in return for $60,000.00. <br /> <br />rnrrih .W4- <br /> <br />Albert M. Walker <br /> <br />AMW:sas <br /> <br />I <br />