NORVELL, Justice.
The Hebbronville Utilities, Inc., is a Texas corporation capitalized at $20,000, represented by 200 shares of stock having a par value of $100 each. The company received its charter on January 28, 1936, and the original stock subscribers were, W. A. Dannelley, Roy Yaeger, Mrs. Clara Yaeger, and W. R. Quilliam, each subscribing for 50 shares of a par value of $5,000. W. R. Quilliam transferred his fifty shares to his wife, Gladys H. Quilliam, who...
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